Fiduciary Planning LLC cut its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,923 shares of the company’s stock after selling 909 shares during the quarter. Invesco S&P 500 Momentum ETF comprises 1.4% of Fiduciary Planning LLC’s holdings, making the stock its 17th biggest position. Fiduciary Planning LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,265,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stephens Inc. AR increased its stake in shares of Invesco S&P 500 Momentum ETF by 2.1% in the second quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after purchasing an additional 89 shares during the period. Altus Wealth Group LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 3.4% during the second quarter. Altus Wealth Group LLC now owns 131,514 shares of the company’s stock worth $14,791,000 after buying an additional 4,381 shares during the period. Balboa Wealth Partners bought a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $2,064,000. Chicago Partners Investment Group LLC bought a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $5,296,000. Finally, International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 2nd quarter valued at approximately $1,180,000.
Invesco S&P 500 Momentum ETF Price Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $120.42 on Monday. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $122.63. The business’s fifty day moving average price is $119.07 and its two-hundred day moving average price is $109.35. The company has a market capitalization of $13.04 billion, a P/E ratio of 29.51 and a beta of 0.89.
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.
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