Beto Financial Group LLC bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,439 shares of the company’s stock, valued at approximately $414,000.
Several other hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC increased its position in Invesco S&P 500 Momentum ETF by 20.4% in the 4th quarter. Root Financial Partners LLC now owns 797 shares of the company’s stock worth $95,000 after purchasing an additional 135 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $212,000. Florida Financial Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 59.5% in the 4th quarter. Florida Financial Advisors LLC now owns 27,284 shares of the company’s stock worth $3,256,000 after purchasing an additional 10,179 shares during the last quarter. Redwood Financial Network Corp acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $765,000. Finally, BNP Paribas Financial Markets increased its position in Invesco S&P 500 Momentum ETF by 1,586.1% in the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after purchasing an additional 1,339,497 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA SPMO opened at $152.32 on Tuesday. The firm has a market cap of $18.57 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. The business’s 50-day simple moving average is $131.00 and its 200-day simple moving average is $123.27. Invesco S&P 500 Momentum ETF has a 52 week low of $104.69 and a 52 week high of $153.12.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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.
