4,470 Shares of Invesco S&P 500 Momentum ETF $SPMO Bought by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 4,470 shares of the company’s stock, valued at approximately $678,000.

Several other hedge funds also recently modified their holdings of the company. Coppell Advisory Solutions LLC bought a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at approximately $26,000. Rosenberg Matthew Hamilton acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $33,000. Toth Financial Advisory Corp acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $34,000. Blue Trust Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after acquiring an additional 93 shares in the last quarter. Finally, Montgomery Financial Services LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $46,000.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $143.15 on Thursday. The firm has a market cap of $22.07 billion, a PE ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The stock’s 50 day simple moving average is $148.84 and its 200 day simple moving average is $145.81.

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.