Compound Planning Inc. Purchases 9,585 Shares of Invesco S&P 500 Momentum ETF $SPMO

Compound Planning Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 249.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 13,424 shares of the company’s stock after purchasing an additional 9,585 shares during the period. Compound Planning Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,505,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPMO. Capstone Wealth Management Group LLC lifted its stake in Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after purchasing an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter worth $18,900,000. Jane Street Group LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 346.5% in the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after purchasing an additional 31,344 shares during the period. Invesco Ltd. raised its position in shares of Invesco S&P 500 Momentum ETF by 43.9% in the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock worth $8,559,000 after buying an additional 23,223 shares in the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 11.7% in the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock worth $5,595,000 after buying an additional 5,209 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $146.51 on Friday. The firm has a market capitalization of $21.24 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The stock has a fifty day moving average of $151.03 and a 200 day moving average of $132.29.

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.