Sequent Planning LLC decreased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 49.2% in the 4th quarter, HoldingsChannel reports. The fund owned 3,860 shares of the company’s stock after selling 3,733 shares during the period. Sequent Planning LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $367,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its holdings in Invesco S&P 500 Momentum ETF by 61.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock valued at $956,000 after acquiring an additional 3,826 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth approximately $14,373,000. StoneX Group Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $911,000. Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $326,000. Finally, Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $1,312,000.
Invesco S&P 500 Momentum ETF Trading Down 0.2 %
Shares of SPMO opened at $94.22 on Monday. Invesco S&P 500 Momentum ETF has a 1 year low of $74.40 and a 1 year high of $103.44. The stock has a 50 day simple moving average of $98.53 and a 200-day simple moving average of $95.46. The stock has a market cap of $5.25 billion, a PE ratio of 24.89 and a beta of 0.93.
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.
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Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
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