Planning Alternatives Ltd. ADV lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 605,494 shares of the company’s stock after buying an additional 6,314 shares during the period. Invesco S&P 500 Momentum ETF accounts for approximately 9.1% of Planning Alternatives Ltd. ADV’s holdings, making the stock its 4th biggest position. Planning Alternatives Ltd. ADV owned 0.53% of Invesco S&P 500 Momentum ETF worth $72,248,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of SPMO. Cullen Frost Bankers Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $27,000. Dunhill Financial LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $33,000. Elevated Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at about $33,000. Dogwood Wealth Management LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at about $44,000. Finally, MAI Capital Management bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $50,000.
Invesco S&P 500 Momentum ETF Stock Up 0.2%
Invesco S&P 500 Momentum ETF stock opened at $144.94 on Friday. The firm has a 50-day moving average price of $127.06 and a two-hundred day moving average price of $121.99. The firm has a market capitalization of $17.67 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a 52-week low of $101.80 and a 52-week high of $147.87.
Invesco S&P 500 Momentum ETF 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.
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