Invesco S&P 500 Momentum ETF $SPMO Shares Bought by RVW Wealth LLC

RVW Wealth LLC increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,247 shares of the company’s stock after acquiring an additional 12,038 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 2.8% of RVW Wealth LLC’s investment portfolio, making the stock its 10th biggest position. RVW Wealth LLC owned approximately 0.18% of Invesco S&P 500 Momentum ETF worth $41,879,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SPMO. Elevated Capital Advisors LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter worth approximately $33,000. Blue Trust Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after purchasing an additional 93 shares in the last quarter. Dogwood Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF during the 4th quarter valued at $44,000. Networth Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at $48,000. Finally, Wellington Grp LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 43.6% during the 1st quarter. Wellington Grp LLC now owns 458 shares of the company’s stock valued at $51,000 after purchasing an additional 139 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

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

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.