Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. boosted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,770 shares of the company’s stock after buying an additional 7,898 shares during the period. Invesco S&P 500 Momentum ETF makes up about 6.0% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 4th biggest position. Whitaker Myers Wealth Managers LTD. owned approximately 0.16% of Invesco S&P 500 Momentum ETF worth $35,663,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in Invesco S&P 500 Momentum ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 6,624,488 shares of the company’s stock worth $790,434,000 after buying an additional 182,485 shares during the last quarter. CWM LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 14.1% in the fourth quarter. CWM LLC now owns 2,992,182 shares of the company’s stock valued at $357,027,000 after acquiring an additional 369,627 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 15.5% in the third quarter. Bank of America Corp DE now owns 2,785,766 shares of the company’s stock valued at $337,245,000 after acquiring an additional 374,417 shares in the last quarter. Morgan Stanley increased its stake in shares of Invesco S&P 500 Momentum ETF by 8.1% during the fourth quarter. Morgan Stanley now owns 2,682,877 shares of the company’s stock worth $320,121,000 after acquiring an additional 199,934 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Momentum ETF by 28.7% during the fourth quarter. Raymond James Financial Inc. now owns 1,726,149 shares of the company’s stock worth $205,964,000 after acquiring an additional 385,146 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.4%

NYSEARCA SPMO opened at $149.69 on Friday. The stock has a market capitalization of $21.92 billion, a P/E ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The firm has a 50-day moving average price of $150.93 and a 200 day moving average price of $134.07.

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.