Whitaker Myers Wealth Managers LTD. acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 208,284 shares of the company’s stock, valued at approximately $25,215,000. Invesco S&P 500 Momentum ETF makes up 5.5% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 5th biggest holding. Whitaker Myers Wealth Managers LTD. owned 0.19% of Invesco S&P 500 Momentum ETF at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. CWM LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 6.7% in the third quarter. CWM LLC now owns 2,622,555 shares of the company’s stock valued at $317,486,000 after purchasing an additional 164,530 shares during the last quarter. Mascagni Wealth Management Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 30.3% in the 3rd quarter. Mascagni Wealth Management Inc. now owns 27,686 shares of the company’s stock valued at $3,352,000 after purchasing an additional 6,437 shares in the last quarter. World Investment Advisors boosted its stake in shares of Invesco S&P 500 Momentum ETF by 112.0% during the 3rd quarter. World Investment Advisors now owns 74,809 shares of the company’s stock valued at $9,056,000 after buying an additional 39,528 shares during the last quarter. Fiduciary Planning LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 7.6% during the 3rd quarter. Fiduciary Planning LLC now owns 40,795 shares of the company’s stock valued at $4,939,000 after buying an additional 2,872 shares during the last quarter. Finally, Brookstone Capital Management grew its position in shares of Invesco S&P 500 Momentum ETF by 1,525.4% during the third quarter. Brookstone Capital Management now owns 195,748 shares of the company’s stock worth $23,697,000 after buying an additional 183,705 shares in the last quarter.
Invesco S&P 500 Momentum ETF Trading Up 0.4%
Shares of NYSEARCA:SPMO opened at $121.45 on Friday. The firm has a market cap of $13.27 billion, a PE ratio of 29.51 and a beta of 0.98. The company has a fifty day simple moving average of $119.64 and a 200 day simple moving average of $117.00. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56.
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.
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