Seros Financial LLC lifted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 11.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 223,525 shares of the company’s stock after buying an additional 22,121 shares during the period. Invesco S&P 500 Momentum ETF makes up 15.6% of Seros Financial LLC’s investment portfolio, making the stock its largest holding. Seros Financial LLC owned about 0.20% of Invesco S&P 500 Momentum ETF worth $26,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV grew its position in shares of Invesco S&P 500 Momentum ETF by 1.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 17,115 shares of the company’s stock valued at $2,042,000 after buying an additional 187 shares during the last quarter. Csenge Advisory Group grew its position in shares of Invesco S&P 500 Momentum ETF by 43.4% in the 4th quarter. Csenge Advisory Group now owns 9,982 shares of the company’s stock valued at $1,191,000 after buying an additional 3,021 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 16.1% in the 4th quarter. HighTower Advisors LLC now owns 282,662 shares of the company’s stock valued at $33,727,000 after buying an additional 39,262 shares during the last quarter. Synergy Investment Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 91.7% in the 4th quarter. Synergy Investment Management LLC now owns 39,483 shares of the company’s stock valued at $4,711,000 after buying an additional 18,883 shares during the last quarter. Finally, Sierra Ocean LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 3.9% in the 4th quarter. Sierra Ocean LLC now owns 125,531 shares of the company’s stock valued at $14,978,000 after buying an additional 4,707 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $140.63 on Wednesday. Invesco S&P 500 Momentum ETF has a 1 year low of $101.80 and a 1 year high of $147.87. The company has a market capitalization of $17.15 billion, a P/E ratio of 29.51 and a beta of 1.09. The company’s fifty day moving average is $125.54 and its two-hundred day moving average is $121.52.
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.
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