Envestnet Asset Management Inc. reduced its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 49.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,096,003 shares of the company’s stock after selling 4,070,534 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $495,862,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth $27,000. Schroder Investment Management Group bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at about $26,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $31,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 99.2% during the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock valued at $30,000 after buying an additional 132 shares during the period. Finally, Mark Sheptoff Financial Planning LLC bought a new position in Invesco S&P 500 Momentum ETF in the second quarter worth approximately $31,000.
Invesco S&P 500 Momentum ETF Trading Down 0.6%
Shares of NYSEARCA SPMO opened at $119.52 on Wednesday. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The stock’s fifty day simple moving average is $119.72 and its two-hundred day simple moving average is $118.94. The stock has a market capitalization of $13.58 billion, a PE ratio of 29.51 and a beta of 0.98.
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.
Read More
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- [No Brainer Gold Play]: “Show me a better investment.”
- This $15 Stock Could Go Down as the #1 Stock of 2026
- What a Former CIA Agent Knows About the Coming Collapse
- BREAKING: Elon Makes a Quiet Shift That Changes Everything
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
