Seros Financial LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 11.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 223,525 shares of the company’s stock after purchasing an additional 22,121 shares during the period. Invesco S&P 500 Momentum ETF makes up 15.6% of Seros Financial LLC’s investment portfolio, making the stock its largest holding. Seros Financial LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $26,671,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cullen Frost Bankers Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $27,000. Dunhill Financial LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $33,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $33,000. Dogwood Wealth Management LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at about $44,000. Finally, MAI Capital Management purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $50,000.
Invesco S&P 500 Momentum ETF Price Performance
SPMO opened at $140.63 on Wednesday. The business has a 50 day simple moving average of $125.54 and a 200-day simple moving average of $121.52. The stock has a market capitalization of $17.15 billion, a P/E ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 12 month low of $101.80 and a 12 month high of $147.87.
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.
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