Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Sutton Place Investors LLC

Sutton Place Investors LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,015 shares of the company’s stock after buying an additional 109 shares during the period. Sutton Place Investors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $677,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SPMO. Fourth Dimension Wealth LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth about $28,000. WealthShield Partners LLC raised its holdings in Invesco S&P 500 Momentum ETF by 51.2% during the first quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after purchasing an additional 104 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in Invesco S&P 500 Momentum ETF during the first quarter worth about $40,000. Sound Income Strategies LLC raised its holdings in Invesco S&P 500 Momentum ETF by 1,859.3% during the first quarter. Sound Income Strategies LLC now owns 529 shares of the company’s stock worth $49,000 after purchasing an additional 502 shares in the last quarter. Finally, Continuum Advisory LLC raised its holdings in Invesco S&P 500 Momentum ETF by 41.2% during the first quarter. Continuum Advisory LLC now owns 528 shares of the company’s stock worth $49,000 after purchasing an additional 154 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 0.6%

NYSEARCA SPMO opened at $120.09 on Friday. The stock has a market capitalization of $13.13 billion, a P/E ratio of 29.51 and a beta of 0.89. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $122.30. The firm has a 50-day moving average price of $118.03 and a 200 day moving average price of $107.39.

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.