Wedmont Private Capital Increases Position in Invesco S&P 500 Momentum ETF $SPMO

Wedmont Private Capital raised its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 7.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,777 shares of the company’s stock after acquiring an additional 3,429 shares during the period. Wedmont Private Capital’s holdings in Invesco S&P 500 Momentum ETF were worth $7,358,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 8.0% during the 1st quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after purchasing an additional 87 shares during the last quarter. Blue Trust Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 35.8% in the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after buying an additional 93 shares during the last quarter. Peregrine Asset Advisers Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 3.1% in the 1st quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock valued at $368,000 after buying an additional 100 shares during the last quarter. City Center Advisors LLC increased its position in Invesco S&P 500 Momentum ETF by 8.2% in the 3rd quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock worth $206,000 after buying an additional 103 shares during the period. Finally, Wellington Grp LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 43.6% during the first quarter. Wellington Grp LLC now owns 458 shares of the company’s stock worth $51,000 after buying an additional 139 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO traded up $0.54 during mid-day trading on Friday, hitting $151.38. The company’s stock had a trading volume of 851,586 shares, compared to its average volume of 1,941,885. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The firm has a market capitalization of $23.12 billion, a PE ratio of 29.51 and a beta of 1.10. The stock’s 50-day moving average is $149.48 and its two-hundred day moving average is $143.77.

Invesco S&P 500 Momentum ETF Company Profile

(Free Report)

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
• Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
• Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
• Arista Networks Plugs Into All-Time Highs

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).