Whitaker Myers Wealth Managers LTD. Lowers Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Whitaker Myers Wealth Managers LTD. decreased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 201,238 shares of the company’s stock after selling 7,046 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for approximately 5.0% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 5th biggest holding. Whitaker Myers Wealth Managers LTD. owned 0.18% of Invesco S&P 500 Momentum ETF worth $24,012,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPMO. Capstone Wealth Management Group LLC raised its position in Invesco S&P 500 Momentum ETF by 129.4% in the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after purchasing an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at approximately $18,900,000. Jane Street Group LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 346.5% in the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after purchasing an additional 31,344 shares during the period. Invesco Ltd. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 43.9% in the 2nd quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock worth $8,559,000 after buying an additional 23,223 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $11,902,000.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $122.76 on Friday. The business has a 50 day simple moving average of $117.59 and a 200 day simple moving average of $119.06. The company has a market capitalization of $14.03 billion, a PE ratio of 29.51 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a one year low of $84.86 and a one year high of $124.56.

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.