Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by IHT Wealth Management LLC

IHT Wealth Management LLC boosted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 44.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 73,480 shares of the company’s stock after purchasing an additional 22,553 shares during the period. IHT Wealth Management LLC owned about 0.06% of Invesco S&P 500 Momentum ETF worth $8,768,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Lantern Wealth Advisors LLC increased its holdings in Invesco S&P 500 Momentum ETF by 3.5% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock valued at $319,000 after purchasing an additional 88 shares during the last quarter. Santori & Peters Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 2.9% in the 4th quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock valued at $417,000 after purchasing an additional 100 shares during the last quarter. Fourth Dimension Wealth LLC increased its holdings in Invesco S&P 500 Momentum ETF by 20.0% in the 4th quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock valued at $72,000 after purchasing an additional 100 shares during the last quarter. Triumph Capital Management increased its holdings in Invesco S&P 500 Momentum ETF by 19.0% in the 4th quarter. Triumph Capital Management now owns 671 shares of the company’s stock valued at $80,000 after purchasing an additional 107 shares during the last quarter. Finally, ArborFi Advisors LLC increased its holdings in Invesco S&P 500 Momentum ETF by 0.4% in the 4th quarter. ArborFi Advisors LLC now owns 28,233 shares of the company’s stock valued at $3,369,000 after purchasing an additional 113 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $155.49 on Thursday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $106.57 and a fifty-two week high of $158.95. The firm has a 50 day moving average price of $140.14 and a 200 day moving average price of $126.15. The company has a market capitalization of $18.96 billion, a PE 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.