Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Bought by RVW Wealth LLC

RVW Wealth LLC raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 42.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,953 shares of the company’s stock after purchasing an additional 19,016 shares during the period. RVW Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $6,076,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. PSI Advisors LLC raised its stake in Invesco S&P 500 Momentum ETF by 61.8% in the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock valued at $27,000 after buying an additional 110 shares in the last quarter. Global Trust Asset Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 95.5% during the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after buying an additional 210 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 44.2% in the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock valued at $67,000 after buying an additional 216 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $76,000. Finally, AdvisorNet Financial Inc raised its stake in Invesco S&P 500 Momentum ETF by 85.7% during the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after acquiring an additional 601 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $100.35 on Thursday. The firm has a fifty day moving average price of $97.05 and a 200 day moving average price of $92.22. The stock has a market cap of $1.62 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1-year low of $69.19 and a 1-year high of $101.86.

About Invesco S&P 500 Momentum ETF

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.