Triad Wealth Partners LLC Grows Stake in Invesco S&P 500 Momentum ETF $SPMO

Triad Wealth Partners LLC grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 51.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 166,082 shares of the company’s stock after purchasing an additional 56,175 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for 1.5% of Triad Wealth Partners LLC’s investment portfolio, making the stock its 14th biggest position. Triad Wealth Partners LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $18,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Dynamic Advisor Solutions LLC raised its stake in shares of 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 valued at $12,660,000 after purchasing an additional 57,149 shares during the period. IFP Advisors Inc boosted its stake in shares of 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. CIBC Private Wealth Group LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 7,363.6% in the third quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock valued at $1,934,000 after purchasing an additional 15,758 shares during the period. Able Wealth Management LLC grew its holdings in Invesco S&P 500 Momentum ETF by 13.0% during the 4th quarter. Able Wealth Management LLC now owns 120,379 shares of the company’s stock valued at $14,364,000 after purchasing an additional 13,883 shares in the last quarter. Finally, Brookwood Investment Group LLC grew its holdings in Invesco S&P 500 Momentum ETF by 27.5% during the 4th quarter. Brookwood Investment Group LLC now owns 88,676 shares of the company’s stock valued at $10,581,000 after purchasing an additional 19,103 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $159.90 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $106.57 and a 12-month high of $160.65. The company has a market capitalization of $19.50 billion, a price-to-earnings ratio of 29.51 and a beta of 1.11. The firm’s fifty day moving average price is $141.78 and its 200 day moving average price is $126.66.

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.