18,933 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Stone Wealth Partners

Stone Wealth Partners bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,933 shares of the company’s stock, valued at approximately $2,259,000. Invesco S&P 500 Momentum ETF comprises approximately 2.0% of Stone Wealth Partners’ portfolio, making the stock its 17th largest holding.

Other institutional investors also recently bought and sold shares of the company. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $33,000. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter worth $33,000. Dogwood Wealth Management LLC purchased a new position in Invesco S&P 500 Momentum ETF during the 4th quarter worth $44,000. MAI Capital Management purchased a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $50,000. Finally, Salomon & Ludwin LLC grew 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 last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $159.90 on Friday. The business’s 50-day moving average is $141.01 and its 200 day moving average is $126.43. Invesco S&P 500 Momentum ETF has a 1 year low of $106.57 and a 1 year high of $160.65. The firm has a market capitalization of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11.

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.