Detalus Advisors LLC lowered its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 80.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 11,676 shares of the company’s stock after selling 48,003 shares during the quarter. Detalus Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,770,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in SPMO. AdvisorNet Financial Inc boosted its stake in Invesco S&P 500 Momentum ETF by 11.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 13,544 shares of the company’s stock valued at $1,966,000 after purchasing an additional 1,409 shares during the last quarter. Winnacle Wealth LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the third quarter worth $1,219,000. Mather Group LLC. bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $596,000. Godsey & Gibb Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $119,000. Finally, Adirondack Trust Co. boosted its position in shares of Invesco S&P 500 Momentum ETF by 29.3% during the third quarter. Adirondack Trust Co. now owns 9,080 shares of the company’s stock valued at $1,376,000 after buying an additional 2,056 shares during the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
Invesco S&P 500 Momentum ETF stock opened at $144.18 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The business’s fifty day moving average is $149.44 and its 200 day moving average is $144.98. The stock has a market capitalization of $22.23 billion, a PE ratio of 29.51 and a beta of 1.10.
Invesco S&P 500 Momentum ETF Company 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.
Read More
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
