WealthCare Investment Partners LLC lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 9.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,811 shares of the company’s stock after buying an additional 3,416 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 1.6% of WealthCare Investment Partners LLC’s portfolio, making the stock its 17th largest position. WealthCare Investment Partners LLC owned about 0.23% of Invesco S&P 500 Momentum ETF worth $3,613,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. PSI Advisors LLC increased its holdings in shares of 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. Global Trust Asset Management LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after buying an additional 210 shares during the last quarter. Continuum Advisory LLC increased its holdings in shares of 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 worth $67,000 after buying an additional 216 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $76,000. Finally, AdvisorNet Financial Inc increased its holdings in shares of Invesco S&P 500 Momentum ETF by 85.7% during the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after buying an additional 601 shares during the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
Shares of NYSEARCA SPMO opened at $103.09 on Thursday. The company has a 50 day simple moving average of $98.73 and a 200-day simple moving average of $93.96. The company has a market capitalization of $1.66 billion, a P/E ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1 year low of $72.99 and a 1 year high of $103.44.
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.
Read More
- Five stocks we like better than Invesco S&P 500 Momentum ETF
- What is a Death Cross in Stocks?
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- 3 Warren Buffett Stocks to Buy Now
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- EV Stocks and How to Profit from Them
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Want to see what other hedge funds are holding SPMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report).
Receive News & Ratings for Invesco S&P 500 Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
