Invesco S&P 500 Momentum ETF $SPMO Holdings Boosted by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 14.6% in the 4th quarter, Holdings Channel reports. The fund owned 340,032 shares of the company’s stock after purchasing an additional 43,354 shares during the period. Invesco S&P 500 Momentum ETF makes up about 0.9% of TD Private Client Wealth LLC’s portfolio, making the stock its 26th biggest position. TD Private Client Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $40,573,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SPMO. Cullen Frost Bankers Inc. purchased a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $27,000. Dunhill Financial LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $33,000. Elevated Capital Advisors LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $33,000. Dogwood Wealth Management LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $44,000. Finally, MAI Capital Management purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $50,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $143.48 on Monday. The company’s 50 day moving average price is $124.66 and its 200 day moving average price is $121.28. Invesco S&P 500 Momentum ETF has a 52 week low of $101.80 and a 52 week high of $147.87. The company has a market capitalization of $17.49 billion, a PE ratio of 29.51 and a beta of 1.09.

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.