Invesco S&P 500 Momentum ETF $SPMO Stock Sold by Iams Wealth Management LLC

Iams Wealth Management LLC lessened its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 45.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,194 shares of the company’s stock after selling 10,133 shares during the period. Iams Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,848,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SPMO. NFSG Corp boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 167,000.0% during the 3rd quarter. NFSG Corp now owns 1,671 shares of the company’s stock worth $253,000 after purchasing an additional 1,670 shares during the last quarter. AdvisorNet Financial Inc grew its position in shares of Invesco S&P 500 Momentum ETF by 11.6% in the third quarter. AdvisorNet Financial Inc now owns 13,544 shares of the company’s stock valued at $1,966,000 after purchasing an additional 1,409 shares in the last quarter. Winnacle Wealth LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $1,219,000. Mather Group LLC. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $596,000. Finally, Godsey & Gibb Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $119,000.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $144.18 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The stock has a market cap of $22.23 billion, a PE ratio of 29.51 and a beta of 1.10. The stock has a 50 day moving average price of $149.44 and a 200 day moving average price of $144.98.

About Invesco S&P 500 Momentum ETF

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.