Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Sold by Envestnet Asset Management Inc.

Posted by Grant Hamersma on Apr 6th, 2025

Envestnet Asset Management Inc. trimmed its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 22.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,244,331 shares of the company’s stock after selling 1,207,323 shares during the quarter. Envestnet Asset Management Inc. owned 26.35% of Invesco S&P 500 Momentum ETF worth $403,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 75.3% during the fourth quarter. LPL Financial LLC now owns 2,178,729 shares of the company’s stock worth $207,001,000 after acquiring an additional 935,951 shares during the last quarter. Mainstay Capital Management LLC ADV grew its position in Invesco S&P 500 Momentum ETF by 374.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,216,892 shares of the company’s stock worth $115,617,000 after purchasing an additional 960,418 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Invesco S&P 500 Momentum ETF by 391,013.3% during the 4th quarter. JPMorgan Chase & Co. now owns 617,959 shares of the company’s stock valued at $58,712,000 after purchasing an additional 617,801 shares in the last quarter. Money Concepts Capital Corp raised its holdings in shares of Invesco S&P 500 Momentum ETF by 9.1% in the fourth quarter. Money Concepts Capital Corp now owns 611,529 shares of the company’s stock worth $58,101,000 after buying an additional 50,980 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its stake in shares of Invesco S&P 500 Momentum ETF by 1.6% during the fourth quarter. Trilogy Capital Inc. now owns 421,901 shares of the company’s stock worth $40,085,000 after buying an additional 6,523 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $82.32 on Friday. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 24.93 and a beta of 0.93. The stock’s fifty day moving average price is $97.33 and its 200 day moving average price is $95.79. Invesco S&P 500 Momentum ETF has a 1 year low of $74.40 and a 1 year high of $103.44.

Invesco S&P 500 Momentum ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.1794 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from Invesco S&P 500 Momentum ETF’s previous dividend of $0.07.

Invesco S&P 500 Momentum ETF Company Profile

(Free Report)

The Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum (US Dollar) index. The fund tracks an index of 100 S&P 500 components with the strongest volatility-adjusted momentum. SPMO was launched on Oct 9, 2015 and is managed by Invesco.