Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by KWB Wealth

KWB Wealth grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 94.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 125,125 shares of the company’s stock after buying an additional 60,632 shares during the period. Invesco S&P 500 Momentum ETF accounts for 1.4% of KWB Wealth’s investment portfolio, making the stock its 18th biggest position. KWB Wealth owned approximately 0.11% of Invesco S&P 500 Momentum ETF worth $14,930,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. RVW Wealth LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 1.3% in the fourth quarter. RVW Wealth LLC now owns 238,886 shares of the company’s stock valued at $28,504,000 after acquiring an additional 3,007 shares in the last quarter. First Heartland Consultants Inc. increased its position in Invesco S&P 500 Momentum ETF by 5.7% during the 4th quarter. First Heartland Consultants Inc. now owns 66,735 shares of the company’s stock worth $7,963,000 after purchasing an additional 3,594 shares in the last quarter. SG Americas Securities LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at about $129,000. Dynamic Advisor Solutions LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 116.7% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock valued at $12,660,000 after purchasing an additional 57,149 shares in the last quarter. Finally, Asempa Wealth Advisors purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at about $680,000.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $114.53 on Tuesday. The stock has a market capitalization of $13.00 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The firm’s 50-day moving average is $118.69 and its two-hundred day moving average is $119.53.

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.