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

Tidemark LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 46,129 shares of the company’s stock after purchasing an additional 3,547 shares during the quarter. Invesco S&P 500 Momentum ETF makes up about 1.6% of Tidemark LLC’s investment portfolio, making the stock its 20th biggest position. Tidemark LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,504,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Dunhill Financial LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at $33,000. Elevated Capital Advisors LLC purchased a new position in Invesco S&P 500 Momentum ETF during the fourth quarter worth about $33,000. Dogwood Wealth Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $44,000. MAI Capital Management acquired a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $50,000. Finally, Capital Investment Advisory Services LLC grew its holdings in Invesco S&P 500 Momentum ETF by 90.5% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 421 shares of the company’s stock valued at $51,000 after buying an additional 200 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $154.32 on Wednesday. The company has a market cap of $18.81 billion, a P/E ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 12 month low of $105.30 and a 12 month high of $154.51. The company has a 50-day moving average of $131.00 and a 200-day moving average of $123.27.

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.