Integrated Advisors Network LLC grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 54.8% in the third quarter, Holdings Channel reports. The institutional investor owned 12,524 shares of the company’s stock after buying an additional 4,434 shares during the period. Integrated Advisors Network LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,898,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in the company. Coppell Advisory Solutions LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at about $26,000. Rosenberg Matthew Hamilton acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth about $33,000. Toth Financial Advisory Corp acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth about $34,000. Blue Trust Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after purchasing an additional 93 shares in the last quarter. Finally, Montgomery Financial Services LLC purchased a new position in Invesco S&P 500 Momentum ETF during the second quarter worth about $46,000.
Invesco S&P 500 Momentum ETF Stock Up 0.8%
Shares of NYSEARCA:SPMO opened at $143.15 on Thursday. The company has a market cap of $22.07 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The company has a 50-day moving average price of $148.84 and a 200 day moving average price of $145.81.
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.
Further Reading
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
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.
