Concurrent Investment Advisors LLC has $1.01 million in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) equity position

Concurrent Investment Advisors LLC lowered its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 7.7% during the second quarter, Holdings Channel.com reports. The firm owned 11,520 shares of the company’s stock after selling 963 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,008,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have recently bought and sold shares of the company. Harvest Investment Services LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 3.3% during the 4th quarter. Harvest Investment Services LLC now owns 4,774 shares of the company’s stock worth $313,000 after buying an additional 154 shares. of shares in the respective period. Financial Partners Group Inc lifted its position in shares of Invesco S&P 500 Momentum ETF by 4.4% in the second quarter. Financial Partners Group Inc now owns 6,573 shares of the company’s stock worth $575,000 after acquiring an additional 279 shares during the period. Concourse Financial Group Securities Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 103.9% during the second quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 290 shares during the period. Private Advisor Group LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 7.7% in the fourth quarter. Private Advisor Group LLC now owns 4,616 shares of the company’s stock valued at $302,000 after purchasing an additional 330 shares in the last quarter. Finally, Global Trust Asset Management LLC bought a new position in Invesco S&P 500 Momentum ETF in the first quarter valued at $34,000.

Invesco S&P 500 Momentum ETF Price Performance

SPMO opened at $89.25 on Monday. The company has a market cap of $1.44 billion, a P/E ratio of 20.66 and a beta of 1.00. The company’s fifty day moving average price is $87.10 and its two hundred day moving average price is $82.46. Invesco S&P 500 Momentum ETF has a fifty-two week low of $55.32 and a fifty-two week high of $91.64.

Invesco S&P 500 Momentum ETF Company Profile

(Free report)

Invesco S&P 500 Momentum ETF (SPMO) is an exchange-traded fund that is based on the S&P 500 Momentum Index (US dollar). The fund tracks a 100-component S&P 500 index with the strongest volatility-adjusted momentum. SPMO was launched on 9 October 2015 and is managed by Invesco.

Further reading

Want to see what other hedge funds SPMO owns? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).

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