KWB Wealth Sells 91,028 Shares of Invesco S&P 500 Momentum ETF $SPMO

KWB Wealth cut its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 94.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,362 shares of the company’s stock after selling 91,028 shares during the quarter. KWB Wealth’s holdings in Invesco S&P 500 Momentum ETF were worth $813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Hengehold Capital Management LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 12.9% in the 3rd quarter. Hengehold Capital Management LLC now owns 19,798 shares of the company’s stock worth $3,001,000 after buying an additional 2,269 shares during the last quarter. Eagle Strategies LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 6.4% during the 3rd quarter. Eagle Strategies LLC now owns 1,703 shares of the company’s stock valued at $258,000 after buying an additional 102 shares in the last quarter. McKinley Carter Wealth Services Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $283,000. TD Waterhouse Canada Inc. lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 7.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 45,296 shares of the company’s stock worth $6,917,000 after acquiring an additional 2,974 shares during the last quarter. Finally, WealthBridge Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 61.8% during the 3rd quarter. WealthBridge Capital Management LLC now owns 3,126 shares of the company’s stock worth $474,000 after acquiring an additional 1,194 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA SPMO opened at $140.89 on Friday. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The company has a fifty day moving average of $149.27 and a 200-day moving average of $144.95. The company has a market capitalization of $21.74 billion, a P/E ratio of 29.51 and a beta of 1.10.

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.