Invesco S&P 500 Momentum ETF $SPMO Shares Bought by Sigma Planning Corp

Sigma Planning Corp grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 20,383 shares of the company’s stock after purchasing an additional 1,373 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Momentum ETF were worth $2,292,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SPMO. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% during the second quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock valued at $918,490,000 after buying an additional 2,151,980 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 64.3% during the 1st quarter. LPL Financial LLC now owns 3,579,241 shares of the company’s stock valued at $331,187,000 after purchasing an additional 1,400,512 shares in the last quarter. Mainstay Capital Management LLC ADV boosted its stake in shares of Invesco S&P 500 Momentum ETF by 111.9% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock worth $295,645,000 after acquiring an additional 1,388,287 shares in the last quarter. CWM LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 87.2% during the 2nd quarter. CWM LLC now owns 2,458,025 shares of the company’s stock worth $276,454,000 after acquiring an additional 1,144,827 shares in the last quarter. Finally, Clark Capital Management Group Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 35.4% during the 1st quarter. Clark Capital Management Group Inc. now owns 1,683,208 shares of the company’s stock worth $155,747,000 after acquiring an additional 440,005 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO opened at $119.46 on Wednesday. The company has a market cap of $13.03 billion, a PE ratio of 29.51 and a beta of 0.98. The stock has a 50-day moving average of $120.20 and a 200-day moving average of $112.38. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56.

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.