Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Position Increased by Weaver Consulting Group

Weaver Consulting Group raised its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,145 shares of the company’s stock after buying an additional 204 shares during the period. Weaver Consulting Group’s holdings in Invesco S&P 500 Momentum ETF were worth $1,059,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SPMO. Richardson Financial Services Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 26.8% in the second quarter. Richardson Financial Services Inc. now owns 946 shares of the company’s stock worth $83,000 after acquiring an additional 200 shares in the last quarter. Continuum Advisory LLC raised its stake in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after purchasing an additional 216 shares during the period. Convergence Financial LLC raised its stake in Invesco S&P 500 Momentum ETF by 1.1% during the 3rd 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 period. Professional Financial Advisors LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 1.0% in the third quarter. Professional Financial Advisors LLC now owns 46,908 shares of the company’s stock valued at $4,252,000 after purchasing an additional 462 shares in the last quarter. Finally, Clear Creek Financial Management LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 1.3% in the third quarter. Clear Creek Financial Management LLC now owns 55,828 shares of the company’s stock worth $5,060,000 after buying an additional 693 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 1.4 %

NYSEARCA:SPMO opened at $96.25 on Wednesday. The business’s fifty day moving average price is $95.88 and its 200 day moving average price is $91.24. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1-year low of $64.87 and a 1-year high of $98.76.

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.