Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Eagle Capital Management LLC

Eagle Capital Management LLC boosted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 99.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,222 shares of the company’s stock after buying an additional 36,097 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 0.0% of Eagle Capital Management LLC’s investment portfolio, making the stock its 10th largest holding. Eagle Capital Management LLC owned 0.07% of Invesco S&P 500 Momentum ETF worth $8,743,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Castleview Partners LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 3.2% in the 3rd quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock worth $331,000 after acquiring an additional 84 shares during the period. Stephens Inc. AR grew its position in Invesco S&P 500 Momentum ETF by 2.1% in the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock worth $496,000 after purchasing an additional 89 shares during the last quarter. Strait & Sound Wealth Management LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 0.7% in the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock valued at $1,614,000 after purchasing an additional 94 shares during the period. Fourth Dimension Wealth LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 33.3% during the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after buying an additional 100 shares during the last quarter. Finally, Sutton Place Investors LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 1.8% during the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after buying an additional 109 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.1%

Shares of NYSEARCA SPMO opened at $121.38 on Friday. 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 cap of $13.26 billion, a PE ratio of 29.51 and a beta of 0.98. The stock has a 50 day simple moving average of $119.66 and a 200-day simple moving average of $117.10.

Invesco S&P 500 Momentum ETF Company 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.