World Investment Advisors Has $6.28 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

World Investment Advisors lessened its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 9.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,992 shares of the company’s stock after selling 5,951 shares during the period. World Investment Advisors’ holdings in Invesco S&P 500 Momentum ETF were worth $6,277,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 116.7% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock valued at $12,660,000 after acquiring an additional 57,149 shares in the last quarter. IFP Advisors Inc increased its position in Invesco S&P 500 Momentum ETF by 98.0% during the third quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock worth $1,311,000 after acquiring an additional 5,361 shares during the period. CIBC Private Wealth Group LLC raised its stake in Invesco S&P 500 Momentum ETF by 7,363.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock worth $1,934,000 after purchasing an additional 15,758 shares in the last quarter. Able Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 13.0% in the 4th quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock worth $14,364,000 after purchasing an additional 13,883 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 1,035.6% in the 4th quarter. Hutchens & Kramer Investment Management Group LLC now owns 19,646 shares of the company’s stock valued at $2,344,000 after purchasing an additional 17,916 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA SPMO opened at $150.83 on Friday. The firm has a 50-day moving average price of $147.74 and a two-hundred day moving average price of $129.17. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30. The company has a market capitalization of $21.22 billion, a P/E ratio of 29.51 and a beta of 1.09.

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.