Invesco S&P 500 Momentum ETF $SPMO Position Raised by Santori & Peters Inc.

Santori & Peters Inc. increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 68.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,303 shares of the company’s stock after purchasing an additional 4,186 shares during the period. Invesco S&P 500 Momentum ETF makes up 0.4% of Santori & Peters Inc.’s investment portfolio, making the stock its 22nd biggest holding. Santori & Peters Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $1,562,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Segment Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at about $323,000. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter worth about $353,565,000. National Wealth Management Group LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $1,991,000. Level Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 18.1% during the 3rd quarter. Level Wealth Management LLC now owns 3,062 shares of the company’s stock worth $464,000 after acquiring an additional 469 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 9.5% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 38,326 shares of the company’s stock worth $5,809,000 after acquiring an additional 3,341 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $140.55 on Tuesday. The firm has a market cap of $21.76 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The business’s 50-day simple moving average is $148.34 and its 200-day simple moving average is $137.30. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30.

About Invesco S&P 500 Momentum ETF

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.