Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Calton & Associates Inc.

Calton & Associates Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 81.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 12,608 shares of the company’s stock after purchasing an additional 5,654 shares during the period. Calton & Associates Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,526,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 35.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock valued at $918,490,000 after purchasing an additional 2,151,980 shares in the last quarter. CWM LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 6.7% in the third quarter. CWM LLC now owns 2,622,555 shares of the company’s stock worth $317,486,000 after buying an additional 164,530 shares during the period. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $317,167,000. Bank of America Corp DE raised its holdings in shares of Invesco S&P 500 Momentum ETF by 30.4% during the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after buying an additional 562,290 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 126.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,097,393 shares of the company’s stock valued at $120,105,000 after buying an additional 612,432 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $118.25 on Friday. The firm has a market capitalization of $13.43 billion, a PE ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $124.56. The stock’s 50 day moving average price is $119.61 and its 200 day moving average price is $119.16.

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.