Trinity Wealth Management LLC Acquires 280 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Trinity Wealth Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.5% during the 4th quarter, Holdings Channel reports. The firm owned 3,593 shares of the company’s stock after purchasing an additional 280 shares during the quarter. Trinity Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $341,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SPMO. Castle Rock Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $2,263,000. Private Advisor Group LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 26.6% in the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock valued at $2,326,000 after acquiring an additional 5,396 shares in the last quarter. StoneX Group Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $911,000. Jane Street Group LLC bought a new position in Invesco S&P 500 Momentum ETF during the third quarter worth $326,000. Finally, Truist Financial Corp grew its holdings in Invesco S&P 500 Momentum ETF by 17.0% in the second quarter. Truist Financial Corp now owns 6,010 shares of the company’s stock worth $526,000 after purchasing an additional 872 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.6 %

Shares of NYSEARCA SPMO opened at $100.04 on Friday. The firm’s 50-day moving average price is $97.24 and its 200-day moving average price is $92.33. Invesco S&P 500 Momentum ETF has a 1-year low of $69.19 and a 1-year high of $101.86. The firm has a market capitalization of $1.61 billion, a P/E ratio of 20.66 and a beta of 1.00.

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.