63,003 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by TABR Capital Management LLC

TABR Capital Management LLC purchased a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 63,003 shares of the company’s stock, valued at approximately $7,517,000. Invesco S&P 500 Momentum ETF comprises 2.0% of TABR Capital Management LLC’s holdings, making the stock its 11th biggest holding.

Several other large investors also recently bought and sold shares of the company. Lantern Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 3.5% during the third quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock worth $319,000 after purchasing an additional 88 shares in the last quarter. Caliber Wealth Management LLC KS grew its holdings in Invesco S&P 500 Momentum ETF by 4.9% during the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after purchasing an additional 90 shares in the last quarter. LexAurum Advisors LLC grew its holdings in Invesco S&P 500 Momentum ETF by 4.3% during the 3rd quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock valued at $269,000 after purchasing an additional 92 shares in the last quarter. GK Wealth Management LLC increased its stake in Invesco S&P 500 Momentum ETF by 4.1% during the 3rd quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock worth $302,000 after buying an additional 99 shares during the period. Finally, Fourth Dimension Wealth LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 25.0% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 500 shares of the company’s stock worth $61,000 after buying an additional 100 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $126.65 on Wednesday. The firm has a 50-day moving average of $118.70 and a two-hundred day moving average of $119.34. The stock has a market cap of $14.83 billion, a P/E ratio of 29.51 and a beta of 1.02. Invesco S&P 500 Momentum ETF has a 1-year low of $86.88 and a 1-year high of $128.51.

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.