TSA Wealth Managment LLC cut its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 76.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,547 shares of the company’s stock after selling 30,417 shares during the quarter. TSA Wealth Managment LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,447,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of SPMO. Coppell Advisory Solutions LLC bought a new position in Invesco S&P 500 Momentum ETF during the 2nd quarter worth approximately $26,000. Rosenberg Matthew Hamilton bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $33,000. Toth Financial Advisory Corp bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $34,000. Blue Trust Inc. raised its holdings in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after purchasing an additional 93 shares during the period. Finally, Monetary Solutions Ltd acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter worth $41,000.
Invesco S&P 500 Momentum ETF Price Performance
Shares of NYSEARCA SPMO traded down $0.16 during midday trading on Friday, reaching $138.66. 2,009,242 shares of the stock were exchanged, compared to its average volume of 1,947,640. The business has a 50-day simple moving average of $148.27 and a two-hundred day simple moving average of $145.93. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month 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.
Read More
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- Why Western Digital’s AI Storage Boom Defies the Chip Sell-Off
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
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.
