Worth Asset Management LLC Has $727,000 Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Worth Asset Management LLC decreased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 72.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,009 shares of the company’s stock after selling 15,464 shares during the quarter. Worth Asset Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $727,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPMO. Castleview Partners LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 3.2% during the third quarter. Castleview Partners LLC now owns 2,734 shares of the company’s stock worth $331,000 after acquiring an additional 84 shares during the last quarter. Stephens Inc. AR raised its holdings in Invesco S&P 500 Momentum ETF by 2.1% during the 2nd quarter. Stephens Inc. AR now owns 4,408 shares of the company’s stock worth $496,000 after purchasing an additional 89 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 0.7% in the 2nd quarter. Strait & Sound Wealth Management LLC now owns 14,349 shares of the company’s stock worth $1,614,000 after purchasing an additional 94 shares during the period. Fourth Dimension Wealth LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 33.3% in the 2nd quarter. Fourth Dimension Wealth LLC now owns 400 shares of the company’s stock valued at $45,000 after purchasing an additional 100 shares during the last quarter. Finally, Sutton Place Investors LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 1.8% during the second quarter. Sutton Place Investors LLC now owns 6,015 shares of the company’s stock worth $677,000 after buying an additional 109 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.1%

Shares of SPMO opened at $121.38 on Friday. The firm’s fifty day simple moving average is $119.66 and its two-hundred day simple moving average is $117.17. Invesco S&P 500 Momentum ETF has a 12 month low of $78.25 and a 12 month high of $124.56. The stock has a market capitalization of $13.26 billion, a P/E ratio of 29.51 and a beta of 0.98.

Invesco S&P 500 Momentum ETF Company 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.