Tempus Wealth Planning LLC Sells 15,317 Shares of Invesco S&P 500 Momentum ETF $SPMO
by Danessa Lincoln · The Markets DailyTempus Wealth Planning LLC decreased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 25.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,814 shares of the company’s stock after selling 15,317 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 1.3% of Tempus Wealth Planning LLC’s holdings, making the stock its 15th biggest holding. Tempus Wealth Planning LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,793,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently made changes to their positions in the stock. Adirondack Trust Co. boosted its holdings in Invesco S&P 500 Momentum ETF by 29.3% in the third quarter. Adirondack Trust Co. now owns 9,080 shares of the company’s stock valued at $1,376,000 after acquiring an additional 2,056 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $103,000. B. Riley Wealth Advisors Inc. bought a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $214,000. RHS Financial LLC raised its holdings in Invesco S&P 500 Momentum ETF by 27.6% during the 3rd quarter. RHS Financial LLC now owns 9,222 shares of the company’s stock worth $1,398,000 after purchasing an additional 1,994 shares during the last quarter. Finally, Sax Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $593,000.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA:SPMO traded down $2.85 during trading on Wednesday, reaching $145.18. The stock had a trading volume of 1,993,810 shares, compared to its average volume of 1,943,063. The firm’s fifty day moving average is $149.64 and its 200 day moving average is $144.50. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The stock has a market cap of $22.38 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.
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.
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