Coppell Advisory Solutions LLC Makes New Investment in Invesco S&P 500 Momentum ETF $SPMO

Coppell Advisory Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 18,926 shares of the company’s stock, valued at approximately $2,117,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Schroder Investment Management Group bought a new position in Invesco S&P 500 Momentum ETF in the 2nd quarter valued at about $26,000. GHP Investment Advisors Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 99.2% during the 2nd quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after purchasing an additional 132 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth approximately $31,000. Rossby Financial LCC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 237.8% in the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock valued at $34,000 after purchasing an additional 214 shares in the last quarter. Finally, Tradewinds Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 342.5% in the second quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 2.2%

Shares of Invesco S&P 500 Momentum ETF stock opened at $119.10 on Friday. The stock has a fifty day simple moving average of $119.85 and a 200 day simple moving average of $116.23. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The company has a market capitalization of $13.01 billion, a P/E ratio of 29.51 and a beta of 0.98.

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.