Apeiron RIA LLC Takes Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Apeiron RIA LLC purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,115 shares of the company’s stock, valued at approximately $1,341,000.

Other hedge funds have also bought and sold shares of the company. PSI Advisors LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 61.8% during the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after buying an additional 110 shares during the last quarter. Weaver Consulting Group raised its position in shares of Invesco S&P 500 Momentum ETF by 1.9% during the 4th quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock valued at $1,059,000 after acquiring an additional 204 shares in the last quarter. Global Trust Asset Management LLC lifted its stake in Invesco S&P 500 Momentum ETF by 95.5% during the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares during the last quarter. Continuum Advisory LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 44.2% in the third quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after purchasing an additional 216 shares during the period. Finally, Convergence Financial LLC increased its stake in Invesco S&P 500 Momentum ETF by 1.1% during the third quarter. Convergence Financial LLC now owns 40,832 shares of the company’s stock valued at $3,701,000 after purchasing an additional 451 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $101.44 on Friday. Invesco S&P 500 Momentum ETF has a 1 year low of $69.02 and a 1 year high of $101.44. The firm’s 50-day moving average is $96.60 and its 200-day moving average is $91.94. The company has a market cap of $1.63 billion, a P/E ratio of 20.66 and a beta of 1.00.

Invesco S&P 500 Momentum ETF 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.