Venture Visionary Partners LLC raised its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 4.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 136,183 shares of the company’s stock after purchasing an additional 5,695 shares during the period. Venture Visionary Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $20,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in the company. Rosenberg Matthew Hamilton acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth about $33,000. Montgomery Financial Services LLC acquired a new position in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $46,000. Blue Trust Inc. increased its position in Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares during the period. Timbuktu Capital Management LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the second quarter valued at approximately $65,000. Finally, Networth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $48,000.
Invesco S&P 500 Momentum ETF Price Performance
Shares of SPMO traded up $0.01 during mid-day trading on Wednesday, reaching $153.00. 2,038,664 shares of the company’s stock were exchanged, compared to its average volume of 1,948,037. The business’s fifty day simple moving average is $149.33 and its 200-day simple moving average is $143.51. The stock has a market capitalization of $23.37 billion, a PE ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30.
Invesco S&P 500 Momentum ETF 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.
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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).
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