Invesco S&P 500 Momentum ETF $SPMO Stake Boosted by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 64,593 shares of the company’s stock after buying an additional 4,939 shares during the quarter. Invesco S&P 500 Momentum ETF makes up approximately 2.5% of WealthCare Investment Partners LLC’s portfolio, making the stock its 6th largest holding. WealthCare Investment Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $7,787,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Castleview Partners LLC boosted its stake in Invesco S&P 500 Momentum ETF by 3.2% in the third quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after acquiring an additional 84 shares during the last quarter. Stephens Inc. AR raised its holdings in shares of Invesco S&P 500 Momentum ETF by 2.1% in the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock worth $496,000 after purchasing an additional 89 shares during the period. Caliber Wealth Management LLC KS lifted its stake in Invesco S&P 500 Momentum ETF by 4.9% in the third 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 last quarter. LexAurum Advisors LLC lifted its stake in Invesco S&P 500 Momentum ETF by 4.3% in the third 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 last quarter. Finally, Strait & Sound Wealth Management LLC grew its holdings in Invesco S&P 500 Momentum ETF by 0.7% during the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock valued at $1,614,000 after purchasing an additional 94 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $118.25 on Tuesday. The company has a market capitalization of $13.43 billion, a P/E ratio of 29.51 and a beta of 0.98. The business has a fifty day simple moving average of $119.56 and a two-hundred day simple moving average of $119.21. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56.

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.