Astoria Portfolio Advisors LLC. raised its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 213.5% in the first quarter, HoldingsChannel reports. The firm owned 22,379 shares of the company’s stock after acquiring an additional 15,240 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in Invesco S&P 500 Momentum ETF were worth $2,509,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $33,000. Blue Trust Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares during the period. Dogwood Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the fourth quarter worth approximately $44,000. Networth Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter worth approximately $48,000. Finally, MAI Capital Management bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $50,000.
Invesco S&P 500 Momentum ETF Price Performance
SPMO opened at $150.83 on Friday. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The stock has a market cap of $21.22 billion, a P/E ratio of 29.51 and a beta of 1.09. The stock’s 50 day moving average price is $147.74 and its 200 day moving average price is $129.17.
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.
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