Vigilare Wealth Management cut its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 73.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,110 shares of the company’s stock after selling 27,714 shares during the period. Vigilare Wealth Management’s holdings in Invesco S&P 500 Momentum ETF were worth $1,633,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. WealthPoint Financial LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 5.7% in the 1st quarter. WealthPoint Financial LLC now owns 17,063 shares of the company’s stock valued at $1,913,000 after buying an additional 920 shares during the period. Redwood Investment Management LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 5.3% during the 1st quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock valued at $73,574,000 after buying an additional 33,157 shares during the period. Midwest Financial Network LLC acquired a new position in Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $503,000. Parallel Advisors LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 1,988.0% in the first quarter. Parallel Advisors LLC now owns 522 shares of the company’s stock valued at $59,000 after acquiring an additional 497 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in Invesco S&P 500 Momentum ETF by 3.5% in the first quarter. NewEdge Advisors LLC now owns 141,030 shares of the company’s stock worth $15,811,000 after acquiring an additional 4,783 shares during the period.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $145.35 on Tuesday. The stock has a 50 day moving average of $150.93 and a 200 day moving average of $133.31. The firm has a market capitalization of $21.13 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30.
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.
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