Larry Mathis Financial Planning LLC Invests $1.15 Million in Invesco S&P 500 Momentum ETF $SPMO

Larry Mathis Financial Planning LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,602 shares of the company’s stock, valued at approximately $1,146,000. Invesco S&P 500 Momentum ETF comprises approximately 1.0% of Larry Mathis Financial Planning LLC’s holdings, making the stock its 22nd biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Dunhill Financial LLC purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $33,000. Elevated Capital Advisors LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the fourth quarter worth about $33,000. Dogwood Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the fourth quarter worth about $44,000. MAI Capital Management acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth about $50,000. Finally, Salomon & Ludwin LLC boosted its position in Invesco S&P 500 Momentum ETF by 61.3% in the fourth quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock valued at $59,000 after buying an additional 187 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA SPMO opened at $159.90 on Friday. Invesco S&P 500 Momentum ETF has a 52 week low of $106.57 and a 52 week high of $160.65. The business’s 50 day moving average price is $141.78 and its 200 day moving average price is $126.66. The firm has a market cap of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11.

Invesco S&P 500 Momentum ETF 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.