Larry Mathis Financial Planning LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 9,602 shares of the company’s stock, valued at approximately $1,146,000. Invesco S&P 500 Momentum ETF accounts for about 1.0% of Larry Mathis Financial Planning LLC’s portfolio, making the stock its 22nd largest holding.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Green Ridge Wealth Planning LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 4th quarter valued at about $13,580,000. Corient Private Wealth LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the fourth quarter worth about $339,000. Bush Investment Group LLC grew its holdings in Invesco S&P 500 Momentum ETF by 48.0% during the fourth quarter. Bush Investment Group LLC now owns 15,279 shares of the company’s stock worth $1,823,000 after acquiring an additional 4,952 shares during the period. NWF Advisory Services Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 12.4% during the fourth quarter. NWF Advisory Services Inc. now owns 1,999 shares of the company’s stock worth $238,000 after acquiring an additional 221 shares during the period. Finally, Sankala Group LLC purchased a new position in Invesco S&P 500 Momentum ETF during the fourth quarter valued at approximately $327,000.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA:SPMO opened at $159.90 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $106.57 and a 12-month high of $160.65. The company has a market capitalization of $19.50 billion, a PE ratio of 29.51 and a beta of 1.11. The business has a 50 day moving average of $141.78 and a two-hundred day moving average of $126.66.
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.
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