WBH Advisory Inc. Invests $719,000 in Invesco S&P 500 Momentum ETF $SPMO

WBH Advisory Inc. purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,940 shares of the company’s stock, valued at approximately $719,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SPMO. Castleview Partners LLC increased its position in Invesco S&P 500 Momentum ETF by 3.2% in the 3rd quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock valued at $331,000 after acquiring an additional 84 shares in the last quarter. Stephens Inc. AR grew its stake in shares of Invesco S&P 500 Momentum ETF by 2.1% during the second quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock valued at $496,000 after purchasing an additional 89 shares during the last quarter. Strait & Sound Wealth Management LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 0.7% during the second quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock valued at $1,614,000 after purchasing an additional 94 shares during the last quarter. Fourth Dimension Wealth LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 33.3% in the second quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after purchasing an additional 100 shares in the last quarter. Finally, Sutton Place Investors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 1.8% in the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock valued at $677,000 after purchasing an additional 109 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $117.92 on Friday. The company has a market cap of $13.40 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. The stock’s fifty day moving average price is $119.21 and its two-hundred day moving average price is $118.51. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56.

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.