Invesco S&P 500 Momentum ETF $SPMO Holdings Lifted by Austin Private Wealth LLC

Austin Private Wealth LLC raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 58.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 239,034 shares of the company’s stock after purchasing an additional 88,270 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 2.1% of Austin Private Wealth LLC’s investment portfolio, making the stock its 13th biggest holding. Austin Private Wealth LLC owned 0.21% of Invesco S&P 500 Momentum ETF worth $28,522,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Capstone Wealth Management Group LLC increased its position in Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock valued at $10,747,000 after acquiring an additional 65,515 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF during the first quarter valued at $18,900,000. Jane Street Group LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 346.5% during the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares during the period. Schroder Investment Management Group bought a new stake in shares of Invesco S&P 500 Momentum ETF during the second quarter valued at about $26,000. Finally, Invesco Ltd. raised its stake in shares of Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after purchasing an additional 23,223 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $114.74 on Friday. The company has a 50-day simple moving average of $117.62 and a 200 day simple moving average of $119.11. The company has a market capitalization of $13.11 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a fifty-two week low of $78.25 and a fifty-two week high of $124.56.

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.