Kingswood Wealth Advisors LLC Boosts Holdings in Invesco S&P 500 Momentum ETF $SPMO

Kingswood Wealth Advisors LLC boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 23.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,946 shares of the company’s stock after buying an additional 9,605 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,079,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caliber Wealth Management LLC KS grew its position in Invesco S&P 500 Momentum ETF by 38.2% in the 4th quarter. Caliber Wealth Management LLC KS now owns 2,688 shares of the company’s stock valued at $321,000 after buying an additional 743 shares during the last quarter. Trademark Financial Management LLC grew its position in Invesco S&P 500 Momentum ETF by 69.8% in the 4th quarter. Trademark Financial Management LLC now owns 59,045 shares of the company’s stock valued at $7,045,000 after buying an additional 24,273 shares during the last quarter. TABR Capital Management LLC purchased a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at $7,517,000. Migdal Insurance & Financial Holdings Ltd. grew its position in Invesco S&P 500 Momentum ETF by 610.6% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 44,477 shares of the company’s stock valued at $5,318,000 after buying an additional 38,218 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its position 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 valued at $59,000 after buying an additional 187 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $126.65 on Wednesday. The firm’s fifty day moving average price is $118.70 and its 200 day moving average price is $119.34. Invesco S&P 500 Momentum ETF has a 1-year low of $86.88 and a 1-year high of $128.51. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 29.51 and a beta of 1.02.

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.