LWM Advisory Services LLC Acquires 5,680 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

LWM Advisory Services LLC lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 19.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,044 shares of the company’s stock after acquiring an additional 5,680 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 2.3% of LWM Advisory Services LLC’s holdings, making the stock its 12th biggest holding. LWM Advisory Services LLC owned 0.22% of Invesco S&P 500 Momentum ETF worth $3,329,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 61.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock valued at $956,000 after acquiring an additional 3,826 shares during the last quarter. Private Advisor Group LLC raised its position in Invesco S&P 500 Momentum ETF by 26.6% in the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock worth $2,326,000 after purchasing an additional 5,396 shares during the period. StoneX Group Inc. purchased a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $911,000. Jane Street Group LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $326,000. Finally, Thrivent Financial for Lutherans purchased a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $1,312,000.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $99.91 on Friday. Invesco S&P 500 Momentum ETF has a 1-year low of $74.40 and a 1-year high of $103.44. The firm has a market capitalization of $5.56 billion, a P/E ratio of 26.90 and a beta of 0.94. The company’s 50-day moving average is $98.87 and its 200 day moving average is $94.16.

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.