Tradition Wealth Management LLC Has $2.89 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Tradition Wealth Management LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 42.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,243 shares of the company’s stock after purchasing an additional 7,267 shares during the period. Tradition Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,893,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Lantern Wealth Advisors LLC lifted its position in Invesco S&P 500 Momentum ETF by 3.5% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock valued at $319,000 after purchasing an additional 88 shares during the period. Caliber Wealth Management LLC KS lifted its position in Invesco S&P 500 Momentum ETF by 4.9% during the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after purchasing an additional 90 shares during the period. LexAurum Advisors LLC lifted its position in Invesco S&P 500 Momentum ETF by 4.3% during the 3rd quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock valued at $269,000 after purchasing an additional 92 shares during the period. GK Wealth Management LLC lifted its position in Invesco S&P 500 Momentum ETF by 4.1% during the 3rd quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock valued at $302,000 after purchasing an additional 99 shares during the period. Finally, Santori & Peters Inc. lifted its position in Invesco S&P 500 Momentum ETF by 2.9% during the 4th quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock valued at $417,000 after purchasing an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $144.28 on Friday. The stock has a market cap of $17.59 billion, a PE ratio of 29.51 and a beta of 1.11. The stock has a 50-day moving average of $133.97 and a 200-day moving average of $124.16. Invesco S&P 500 Momentum ETF has a one year low of $105.74 and a one year high of $155.74.

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.