Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Threadgill Financial LLC

Threadgill Financial LLC lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 54.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,828 shares of the company’s stock after selling 32,021 shares during the quarter. Invesco S&P 500 Momentum ETF comprises about 1.8% of Threadgill Financial LLC’s holdings, making the stock its 10th biggest holding. Threadgill Financial LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,334,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Elevated Capital Advisors LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $33,000. Blue Trust Inc. boosted its position in Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after buying an additional 93 shares during the period. Dogwood Wealth Management LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at approximately $44,000. Networth Advisors LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $48,000. Finally, Wellington Grp LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 43.6% in the first quarter. Wellington Grp LLC now owns 458 shares of the company’s stock worth $51,000 after acquiring an additional 139 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.8%

Invesco S&P 500 Momentum ETF stock opened at $149.10 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The stock’s fifty day simple moving average is $150.95 and its 200-day simple moving average is $133.96. The firm has a market capitalization of $21.83 billion, a P/E ratio of 29.51 and a beta of 1.10.

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.