Chatterton & Associates Inc. acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 14,961 shares of the company’s stock, valued at approximately $1,785,000. Invesco S&P 500 Momentum ETF comprises 1.5% of Chatterton & Associates Inc.’s portfolio, making the stock its 23rd biggest holding.
A number of other hedge funds have also recently made changes to their positions in SPMO. Capstone Wealth Management Group LLC raised its position 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 purchasing an additional 65,515 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $18,900,000. Jane Street Group LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 346.5% in the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after buying an additional 31,344 shares in the last quarter. Schroder Investment Management Group acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at $26,000. Finally, Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 43.9% in the 2nd quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after buying an additional 23,223 shares during the period.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO stock opened at $114.74 on Friday. The business’s fifty day moving average price is $117.62 and its 200 day moving average price is $119.11. 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 $13.11 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.
Recommended Stories
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
