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

RFG Advisory LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,964 shares of the company’s stock after acquiring an additional 9,723 shares during the quarter. RFG Advisory LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $18,606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Dynamic Advisor Solutions LLC boosted its position in Invesco S&P 500 Momentum ETF by 116.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock worth $12,660,000 after purchasing an additional 57,149 shares in the last quarter. IFP Advisors Inc increased its position in shares of Invesco S&P 500 Momentum ETF by 98.0% in the third quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock valued at $1,311,000 after buying an additional 5,361 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 7,363.6% in the third quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock valued at $1,934,000 after buying an additional 15,758 shares in the last quarter. Able Wealth Management LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 13.0% in the fourth quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock valued at $14,364,000 after buying an additional 13,883 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 1,035.6% during the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 19,646 shares of the company’s stock worth $2,344,000 after buying an additional 17,916 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.4%

Invesco S&P 500 Momentum ETF stock opened at $153.79 on Thursday. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The firm’s 50-day simple moving average is $143.76 and its 200 day simple moving average is $127.50. The firm has a market capitalization of $18.75 billion, a PE ratio of 29.51 and a beta of 1.11.

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.