Clearview Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 58.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,485 shares of the company’s stock after buying an additional 3,493 shares during the quarter. Clearview Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,132,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in SPMO. Dunhill Financial LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $33,000. Elevated Capital Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $33,000. Dogwood Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $44,000. MAI Capital Management acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $50,000. Finally, Salomon & Ludwin LLC raised its stake in Invesco S&P 500 Momentum ETF by 61.3% during the 4th quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock worth $59,000 after buying an additional 187 shares during the period.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO stock opened at $157.84 on Tuesday. The stock’s 50 day simple moving average is $138.55 and its 200 day simple moving average is $125.65. Invesco S&P 500 Momentum ETF has a fifty-two week low of $106.51 and a fifty-two week high of $158.24. The company has a market cap of $19.24 billion, a P/E ratio of 29.51 and a beta of 1.11.
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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