Kestra Advisory Services LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 63.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 77,370 shares of the company’s stock after buying an additional 29,938 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $11,728,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in SPMO. Commonwealth Equity Services LLC bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $76,658,000. Kestra Private Wealth Services LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $2,258,000. Chicago Partners Investment Group LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $13,497,000. Basso Capital Management L.P. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $11,935,000. Finally, Pioneer Family Office LLC increased its holdings in Invesco S&P 500 Momentum ETF by 8.1% in the 3rd quarter. Pioneer Family Office LLC now owns 119,320 shares of the company’s stock worth $18,083,000 after buying an additional 8,965 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA:SPMO opened at $129.89 on Tuesday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The business has a 50-day simple moving average of $145.14 and a two-hundred day simple moving average of $138.14. The firm has a market cap of $20.43 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12.
About Invesco S&P 500 Momentum ETF
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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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).
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