Invesco S&P 500 Momentum ETF $SPMO Stake Increased by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. increased its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 3.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 220,770 shares of the company’s stock after acquiring an additional 7,898 shares during the period. Invesco S&P 500 Momentum ETF makes up approximately 6.0% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 4th biggest holding. Whitaker Myers Wealth Managers LTD.’s holdings in Invesco S&P 500 Momentum ETF were worth $35,663,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPMO. BNP Paribas Financial Markets boosted its position in shares of Invesco S&P 500 Momentum ETF by 1,586.1% during the 4th quarter. BNP Paribas Financial Markets now owns 1,423,949 shares of the company’s stock worth $169,906,000 after purchasing an additional 1,339,497 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Momentum ETF by 30.4% in the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after purchasing an additional 562,290 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 75.9% in the 4th quarter. JPMorgan Chase & Co. now owns 1,231,078 shares of the company’s stock valued at $146,892,000 after purchasing an additional 531,093 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of Invesco S&P 500 Momentum ETF by 62.0% in the third quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock valued at $162,342,000 after purchasing an additional 513,037 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Invesco S&P 500 Momentum ETF by 254.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 545,673 shares of the company’s stock valued at $65,356,000 after purchasing an additional 391,694 shares during the period.

Invesco S&P 500 Momentum ETF Trading Up 0.4%

SPMO stock opened at $149.69 on Friday. The company has a market cap of $21.92 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The company’s 50-day moving average price is $150.93 and its 200 day moving average price is $134.07.

Invesco S&P 500 Momentum ETF 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.