Mutual Advisors LLC Buys 7,066 Shares of Invesco S&P 500 Momentum ETF $SPMO

Mutual Advisors LLC increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 99,490 shares of the company’s stock after purchasing an additional 7,066 shares during the quarter. Mutual Advisors LLC owned approximately 0.09% of Invesco S&P 500 Momentum ETF worth $11,871,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Lantern Wealth Advisors LLC raised 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 worth $319,000 after purchasing an additional 88 shares during the period. Caliber Wealth Management LLC KS raised its holdings in Invesco S&P 500 Momentum ETF by 4.9% in the 3rd quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock worth $235,000 after purchasing an additional 90 shares during the period. LexAurum Advisors LLC raised its holdings in Invesco S&P 500 Momentum ETF by 4.3% in the 3rd quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock worth $269,000 after purchasing an additional 92 shares during the period. GK Wealth Management LLC raised its holdings in Invesco S&P 500 Momentum ETF by 4.1% in the 3rd quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock worth $302,000 after purchasing an additional 99 shares during the period. Finally, Fourth Dimension Wealth LLC raised its holdings in Invesco S&P 500 Momentum ETF by 25.0% in the 3rd quarter. Fourth Dimension Wealth LLC now owns 500 shares of the company’s stock worth $61,000 after purchasing an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $133.79 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $95.46 and a one year high of $133.93. The stock’s fifty day moving average is $120.37 and its 200 day moving average is $119.87. The stock has a market cap of $16.21 billion, a P/E ratio of 29.51 and a beta of 1.02.

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.