Maia Wealth LLC Purchases 4,464 Shares of Invesco S&P 500 Momentum ETF $SPMO

Maia Wealth LLC lifted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 15.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 33,607 shares of the company’s stock after acquiring an additional 4,464 shares during the period. Maia Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,975,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Dunhill Financial LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $33,000. Elevated Capital Advisors LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $33,000. Dogwood Wealth Management LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter worth about $44,000. MAI Capital Management purchased a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $50,000. Finally, Salomon & Ludwin LLC increased its stake in Invesco S&P 500 Momentum ETF by 61.3% in the 4th quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock worth $59,000 after buying an additional 187 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $155.49 on Thursday. The company has a market capitalization of $18.96 billion, a PE ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 12 month low of $106.57 and a 12 month high of $158.95. The firm’s 50-day moving average is $140.14 and its 200 day moving average is $126.15.

Invesco S&P 500 Momentum ETF Company 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.