World Investment Advisors Decreases Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Posted by Casey Walker on Apr 8th, 2025

World Investment Advisors cut its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,642 shares of the company’s stock after selling 511 shares during the period. World Investment Advisors’ holdings in Invesco S&P 500 Momentum ETF were worth $441,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter valued at $14,373,000. Stratos Wealth Partners LTD. lifted its stake in Invesco S&P 500 Momentum ETF by 61.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock worth $956,000 after purchasing an additional 3,826 shares during the last quarter. Jane Street Group LLC acquired a new position in Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $326,000. Truist Financial Corp boosted its holdings in Invesco S&P 500 Momentum ETF by 22.6% in the fourth quarter. Truist Financial Corp now owns 12,884 shares of the company’s stock valued at $1,224,000 after purchasing an additional 2,379 shares in the last quarter. Finally, US Bancorp DE increased its stake in Invesco S&P 500 Momentum ETF by 145.9% in the fourth quarter. US Bancorp DE now owns 14,727 shares of the company’s stock valued at $1,399,000 after purchasing an additional 8,739 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 1.4 %

Shares of NYSEARCA:SPMO opened at $83.48 on Tuesday. The firm has a 50 day simple moving average of $97.04 and a 200-day simple moving average of $95.79. Invesco S&P 500 Momentum ETF has a twelve month low of $74.40 and a twelve month high of $103.44. The company has a market capitalization of $4.87 billion, a PE ratio of 24.93 and a beta of 0.93.

Invesco S&P 500 Momentum ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.1794 dividend. The ex-dividend date was Monday, March 24th. This is a boost from Invesco S&P 500 Momentum ETF’s previous dividend of $0.07.

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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.