Invesco S&P 500 Momentum ETF $SPMO Stock Holdings Raised by Alpha Zero LLC

Alpha Zero LLC grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,683 shares of the company’s stock after purchasing an additional 5,789 shares during the period. Invesco S&P 500 Momentum ETF comprises about 5.4% of Alpha Zero LLC’s holdings, making the stock its 7th largest holding. Alpha Zero LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $10,727,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 6,624,488 shares of the company’s stock valued at $790,434,000 after purchasing an additional 182,485 shares during the last quarter. CWM LLC lifted its position in Invesco S&P 500 Momentum ETF by 14.1% in the 4th quarter. CWM LLC now owns 2,992,182 shares of the company’s stock worth $357,027,000 after buying an additional 369,627 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco S&P 500 Momentum ETF by 15.5% in the third quarter. Bank of America Corp DE now owns 2,785,766 shares of the company’s stock worth $337,245,000 after buying an additional 374,417 shares in the last quarter. Morgan Stanley boosted its stake in Invesco S&P 500 Momentum ETF by 8.1% in the fourth quarter. Morgan Stanley now owns 2,682,877 shares of the company’s stock worth $320,121,000 after buying an additional 199,934 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in Invesco S&P 500 Momentum ETF by 28.7% during the fourth quarter. Raymond James Financial Inc. now owns 1,726,149 shares of the company’s stock valued at $205,964,000 after acquiring an additional 385,146 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock opened at $144.52 on Tuesday. The company has a market capitalization of $20.81 billion, a PE ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The company’s 50 day moving average price is $150.75 and its two-hundred day moving average price is $131.54.

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.