Creative Financial Designs Inc. ADV Raises Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Creative Financial Designs Inc. ADV increased its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 17.1% in the second quarter, HoldingsChannel reports. The firm owned 16,812 shares of the company’s stock after buying an additional 2,457 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Invesco S&P 500 Momentum ETF were worth $1,891,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPMO. Ameritas Advisory Services LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 33.8% during the 1st quarter. Ameritas Advisory Services LLC now owns 3,934 shares of the company’s stock worth $371,000 after purchasing an additional 994 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of Invesco S&P 500 Momentum ETF by 79.4% during the 1st quarter. Private Trust Co. NA now owns 5,098 shares of the company’s stock worth $472,000 after purchasing an additional 2,256 shares during the last quarter. Latitude Advisors LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the first quarter valued at about $225,000. Capstone Wealth Management Group LLC raised its stake in Invesco S&P 500 Momentum ETF by 129.4% in the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after buying an additional 65,515 shares during the last quarter. Finally, D.A. Davidson & CO. raised its stake in Invesco S&P 500 Momentum ETF by 159.3% in the first quarter. D.A. Davidson & CO. now owns 24,853 shares of the company’s stock valued at $2,300,000 after buying an additional 15,267 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $121.70 on Friday. The stock has a 50-day moving average of $120.04 and a two-hundred day moving average of $111.61. Invesco S&P 500 Momentum ETF has a one year low of $78.25 and a one year high of $124.56. The stock has a market cap of $13.27 billion, a PE ratio of 29.51 and a beta of 0.98.

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.