Sonoma Allocations LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,061 shares of the company’s stock, valued at approximately $589,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Centaurus Financial Inc. boosted its position in Invesco S&P 500 Momentum ETF by 8.0% during the 1st quarter. Centaurus Financial Inc. now owns 4,233 shares of the company’s stock worth $475,000 after buying an additional 315 shares during the period. Arkadios Wealth Advisors grew its holdings in Invesco S&P 500 Momentum ETF by 43.7% during the 1st quarter. Arkadios Wealth Advisors now owns 32,802 shares of the company’s stock worth $3,677,000 after acquiring an additional 9,978 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 889.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 9,095 shares of the company’s stock valued at $1,020,000 after acquiring an additional 8,176 shares during the period. Estate Counselors LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $470,000. Finally, Gateway Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter valued at $562,000.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA:SPMO opened at $143.42 on Friday. The firm has a market cap of $20.80 billion, a PE ratio of 29.51 and a beta of 1.09. The firm’s fifty day moving average is $150.94 and its 200-day moving average is $132.97. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30.
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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