Invesco S&P 500 Momentum ETF $SPMO Holdings Decreased by HBW Advisory Services LLC

HBW Advisory Services LLC lowered its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 34.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 173,175 shares of the company’s stock after selling 90,037 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for approximately 2.5% of HBW Advisory Services LLC’s investment portfolio, making the stock its 3rd largest position. HBW Advisory Services LLC owned approximately 0.11% of Invesco S&P 500 Momentum ETF worth $26,250,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPMO. Winnacle Wealth LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $1,219,000. Mather Group LLC. bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $596,000. Godsey & Gibb Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $119,000. Adirondack Trust Co. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 29.3% during the third quarter. Adirondack Trust Co. now owns 9,080 shares of the company’s stock worth $1,376,000 after purchasing an additional 2,056 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $103,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $145.18 on Thursday. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The firm has a market cap of $22.38 billion, a PE ratio of 29.51 and a beta of 1.10. The firm’s fifty day moving average is $149.54 and its 200-day moving average is $144.74.

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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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