Invesco S&P 500 Momentum ETF $SPMO Shares Sold by RFG Advisory LLC

RFG Advisory LLC reduced its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 68.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 52,639 shares of the company’s stock after selling 113,325 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $8,503,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPMO. Capstone Wealth Management Group LLC raised its holdings in Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $18,900,000. Jane Street Group LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 346.5% in the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares in the last quarter. Invesco Ltd. grew its position in shares of Invesco S&P 500 Momentum ETF by 43.9% in the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after purchasing an additional 23,223 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 11.7% in the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after purchasing an additional 5,209 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $150.47 on Wednesday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The stock has a market cap of $22.03 billion, a PE ratio of 29.51 and a beta of 1.10. The stock has a 50 day moving average price of $148.66 and a 200 day moving average price of $138.83.

Invesco S&P 500 Momentum ETF Company 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.