Invesco S&P 500 Momentum ETF $SPMO Shares Sold by Threadgill Financial LLC

Threadgill Financial LLC trimmed its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 54.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,828 shares of the company’s stock after selling 32,021 shares during the period. Invesco S&P 500 Momentum ETF comprises about 1.8% of Threadgill Financial LLC’s portfolio, making the stock its 10th biggest position. Threadgill Financial LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,334,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Able Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 13.0% in the fourth quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock valued at $14,364,000 after buying an additional 13,883 shares in the last quarter. Brookwood Investment Group LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 27.5% during the 4th quarter. Brookwood Investment Group LLC now owns 88,676 shares of the company’s stock worth $10,581,000 after buying an additional 19,103 shares during the last quarter. Strategic Blueprint LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 111.1% during the 4th quarter. Strategic Blueprint LLC now owns 18,487 shares of the company’s stock worth $2,206,000 after acquiring an additional 9,729 shares in the last quarter. Financial Enhancement Group LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 6.9% during the 4th quarter. Financial Enhancement Group LLC now owns 129,039 shares of the company’s stock worth $15,181,000 after acquiring an additional 8,369 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Invesco S&P 500 Momentum ETF by 1,586.1% during the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after acquiring an additional 1,339,497 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO opened at $149.10 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The company has a market cap of $21.83 billion, a P/E ratio of 29.51 and a beta of 1.10. The business’s 50-day simple moving average is $150.95 and its 200-day simple moving average is $133.96.

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.