Win Advisors Inc. Lowers Stock Position in Invesco S&P 500 Momentum ETF $SPMO

Win Advisors Inc. reduced its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 81.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,214 shares of the company’s stock after selling 109,296 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 1.2% of Win Advisors Inc.’s portfolio, making the stock its 19th biggest holding. Win Advisors Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $2,889,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Money Concepts Capital Corp raised its stake in Invesco S&P 500 Momentum ETF by 1.8% in the fourth quarter. Money Concepts Capital Corp now owns 1,015,733 shares of the company’s stock valued at $121,197,000 after purchasing an additional 17,868 shares in the last quarter. Colonial River Investments LLC raised its stake in Invesco S&P 500 Momentum ETF by 3.3% in the fourth quarter. Colonial River Investments LLC now owns 68,988 shares of the company’s stock valued at $8,232,000 after purchasing an additional 2,203 shares in the last quarter. Dogwood Wealth Management LLC purchased a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $44,000. EWA LLC raised its stake in Invesco S&P 500 Momentum ETF by 42.1% in the fourth quarter. EWA LLC now owns 80,627 shares of the company’s stock valued at $9,620,000 after purchasing an additional 23,899 shares in the last quarter. Finally, Centerpoint Advisory Group raised its stake in Invesco S&P 500 Momentum ETF by 15.9% in the fourth quarter. Centerpoint Advisory Group now owns 65,134 shares of the company’s stock valued at $7,772,000 after purchasing an additional 8,940 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO opened at $146.07 on Tuesday. Invesco S&P 500 Momentum ETF has a 1-year low of $100.73 and a 1-year high of $146.79. The firm’s 50 day simple moving average is $122.60 and its 200 day simple moving average is $120.59. The company has a market capitalization of $17.81 billion, a P/E ratio of 29.51 and a beta of 1.09.

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.