Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by McNaughton Wealth Management LLC

McNaughton Wealth Management LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 48.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,320 shares of the company’s stock after purchasing an additional 13,186 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 2.0% of McNaughton Wealth Management LLC’s portfolio, making the stock its 16th biggest position. McNaughton Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,811,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Evolution Wealth Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 468.7% in the third quarter. Evolution Wealth Management Inc. now owns 7,410 shares of the company’s stock valued at $897,000 after acquiring an additional 6,107 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Invesco S&P 500 Momentum ETF by 116.7% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock worth $12,660,000 after purchasing an additional 57,149 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter worth about $1,654,000. J.W. Cole Advisors Inc. lifted its position in Invesco S&P 500 Momentum ETF by 83.1% in the second quarter. J.W. Cole Advisors Inc. now owns 12,858 shares of the company’s stock valued at $1,446,000 after purchasing an additional 5,834 shares during the period. Finally, IFP Advisors Inc lifted its position in Invesco S&P 500 Momentum ETF by 98.0% in the third quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock valued at $1,311,000 after purchasing an additional 5,361 shares during the period.

Invesco S&P 500 Momentum ETF Trading Up 0.3%

Shares of SPMO opened at $114.84 on Wednesday. The firm has a market capitalization of $13.04 billion, a PE ratio of 29.51 and a beta of 0.98. The stock’s 50 day moving average is $118.59 and its two-hundred day moving average is $119.51. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month 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.