Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Stock Position Trimmed by Win Advisors Inc.

Win Advisors Inc. cut its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 13.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 105,118 shares of the company’s stock after selling 16,403 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 4.8% of Win Advisors Inc.’s portfolio, making the stock its 7th biggest holding. Win Advisors Inc. owned approximately 0.65% of Invesco S&P 500 Momentum ETF worth $9,987,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. World Investment Advisors LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 1,416.7% in the 3rd quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock worth $27,271,000 after purchasing an additional 281,038 shares during the period. Mainstay Capital Management LLC ADV purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $23,247,000. Austin Private Wealth LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth about $14,567,000. Fischer Investment Strategies LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $11,215,000. Finally, LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 10.0% in the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock worth $112,645,000 after purchasing an additional 113,439 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock opened at $100.62 on Wednesday. Invesco S&P 500 Momentum ETF has a 1 year low of $72.21 and a 1 year high of $101.86. The firm has a market cap of $1.62 billion, a P/E ratio of 20.66 and a beta of 1.00. The stock has a 50-day simple moving average of $97.42 and a 200-day simple moving average of $92.54.

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.