Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Vigilare Wealth Management

Vigilare Wealth Management cut its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 12.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 119,871 shares of the company’s stock after selling 16,602 shares during the period. Invesco S&P 500 Momentum ETF makes up 5.0% of Vigilare Wealth Management’s investment portfolio, making the stock its 4th largest position. Vigilare Wealth Management’s holdings in Invesco S&P 500 Momentum ETF were worth $14,512,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Schroder Investment Management Group purchased a new stake in Invesco S&P 500 Momentum ETF in the second quarter valued at approximately $26,000. GHP Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF by 99.2% during the 2nd 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. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter valued at $31,000. Rossby Financial LCC raised its position in shares of Invesco S&P 500 Momentum ETF by 237.8% in the 2nd quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after buying an additional 214 shares during the period. Finally, Tradewinds Capital Management LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 342.5% in the second quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after acquiring an additional 274 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $119.10 on Monday. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56. The firm has a market capitalization of $13.01 billion, a P/E ratio of 29.51 and a beta of 0.98. The business’s 50-day simple moving average is $119.85 and its 200-day simple moving average is $116.31.

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.