Mid American Wealth Advisory Group Inc. Purchases Shares of 9,807 Invesco S&P 500 Momentum ETF $SPMO

Mid American Wealth Advisory Group Inc. purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,807 shares of the company’s stock, valued at approximately $1,187,000. Invesco S&P 500 Momentum ETF makes up 0.5% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 27th biggest position.

A number of other large investors have also recently made changes to their positions in SPMO. J.W. Cole Advisors Inc. raised its stake in Invesco S&P 500 Momentum ETF by 83.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,858 shares of the company’s stock worth $1,446,000 after acquiring an additional 5,834 shares during the period. Brookstone Capital Management boosted its position in shares of Invesco S&P 500 Momentum ETF by 1,525.4% in the third quarter. Brookstone Capital Management now owns 195,748 shares of the company’s stock worth $23,697,000 after purchasing an additional 183,705 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth $6,771,000. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Invesco S&P 500 Momentum ETF by 32.8% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 13,080 shares of the company’s stock valued at $1,471,000 after purchasing an additional 3,230 shares during the period. Finally, Seeds Investor LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter valued at $248,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $120.35 on Wednesday. The company has a market capitalization of $13.15 billion, a P/E ratio of 29.51 and a beta of 0.98. The company has a fifty day moving average of $119.64 and a 200 day moving average of $117.43. Invesco S&P 500 Momentum ETF has a fifty-two week low of $78.25 and a fifty-two week 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.