Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Vigilare Wealth Management

Vigilare Wealth Management cut its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 45.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,477 shares of the company’s stock after selling 54,394 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 2.6% of Vigilare Wealth Management’s investment portfolio, making the stock its 11th largest holding. Vigilare Wealth Management’s holdings in Invesco S&P 500 Momentum ETF were worth $7,813,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group bought a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter worth about $26,000. Cullen Frost Bankers Inc. bought a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at about $27,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at about $31,000. Dunhill Financial LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $33,000. Finally, Salomon & Ludwin LLC grew its position in Invesco S&P 500 Momentum ETF by 117.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock worth $37,000 after purchasing an additional 165 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 1.8%

SPMO opened at $113.78 on Friday. The business’s 50 day moving average is $118.81 and its 200-day moving average is $119.49. The stock has a market cap of $12.92 billion, a PE ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56.

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.