World Investment Advisors Sells 12,866 Shares of Invesco S&P 500 Momentum ETF $SPMO

World Investment Advisors trimmed its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 17.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,943 shares of the company’s stock after selling 12,866 shares during the quarter. World Investment Advisors owned 0.05% of Invesco S&P 500 Momentum ETF worth $7,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SPMO. Dynamic Advisor Solutions LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 116.7% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 106,101 shares of the company’s stock valued at $12,660,000 after acquiring an additional 57,149 shares during the period. IFP Advisors Inc grew its position in shares of Invesco S&P 500 Momentum ETF by 98.0% during the 3rd quarter. IFP Advisors Inc now owns 10,833 shares of the company’s stock valued at $1,311,000 after acquiring an additional 5,361 shares during the period. CIBC Private Wealth Group LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 7,363.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 15,972 shares of the company’s stock valued at $1,934,000 after acquiring an additional 15,758 shares during the period. Ascent Group LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 68.4% during the 4th quarter. Ascent Group LLC now owns 252,643 shares of the company’s stock valued at $30,145,000 after acquiring an additional 102,587 shares during the period. Finally, Arkadios Wealth Advisors grew its position in shares of Invesco S&P 500 Momentum ETF by 36.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 21,407 shares of the company’s stock valued at $2,592,000 after acquiring an additional 5,725 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 1.3%

Invesco S&P 500 Momentum ETF stock opened at $146.29 on Thursday. Invesco S&P 500 Momentum ETF has a twelve month low of $101.80 and a twelve month high of $146.88. The firm has a 50 day moving average price of $123.63 and a 200-day moving average price of $120.95. The company has a market capitalization of $17.84 billion, a P/E ratio of 29.51 and a beta of 1.09.

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.