Bush Investment Group LLC Grows Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Bush Investment Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,044 shares of the company’s stock after purchasing an additional 145 shares during the period. Invesco S&P 500 Momentum ETF comprises approximately 0.8% of Bush Investment Group LLC’s holdings, making the stock its 26th largest holding. Bush Investment Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,130,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Fourth Dimension Wealth LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 1st quarter valued at about $28,000. WealthShield Partners LLC increased its holdings in Invesco S&P 500 Momentum ETF by 51.2% during the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock valued at $28,000 after purchasing an additional 104 shares during the period. ORG Wealth Partners LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 1st quarter valued at about $40,000. Sound Income Strategies LLC increased its holdings in Invesco S&P 500 Momentum ETF by 1,859.3% during the 1st quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock valued at $49,000 after purchasing an additional 502 shares during the period. Finally, Continuum Advisory LLC increased its holdings in Invesco S&P 500 Momentum ETF by 41.2% during the 1st quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock valued at $49,000 after purchasing an additional 154 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $120.48 on Friday. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $120.64. The company has a market cap of $11.45 billion, a PE ratio of 29.51 and a beta of 0.89. The stock’s 50-day moving average is $115.67 and its 200 day moving average is $104.64.

Invesco S&P 500 Momentum ETF Profile

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.