Invesco S&P 500 Momentum ETF $SPMO Shares Bought by WealthPLAN Partners LLC

WealthPLAN Partners LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 63.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,058 shares of the company’s stock after buying an additional 5,069 shares during the period. WealthPLAN Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Resurgent Financial Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 53.8% in the 4th quarter. Resurgent Financial Advisors LLC now owns 3,473 shares of the company’s stock valued at $414,000 after acquiring an additional 1,215 shares during the last quarter. Great Valley Advisor Group Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 3.0% during the fourth quarter. Great Valley Advisor Group Inc. now owns 49,689 shares of the company’s stock worth $5,929,000 after purchasing an additional 1,436 shares during the last quarter. Kovack Advisors Inc. boosted its holdings in Invesco S&P 500 Momentum ETF by 20.4% in the fourth quarter. Kovack Advisors Inc. now owns 286,372 shares of the company’s stock valued at $34,170,000 after purchasing an additional 48,553 shares in the last quarter. Legacy Capital Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $16,005,000. Finally, Entelevest LLC purchased a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $2,287,000.

Invesco S&P 500 Momentum ETF Trading Up 4.8%

SPMO stock opened at $150.58 on Friday. The stock has a market cap of $18.36 billion, a P/E ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a twelve month low of $105.74 and a twelve month high of $155.74. The company’s 50 day moving average is $136.93 and its two-hundred day moving average is $125.12.

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.