Cwm LLC Boosts Stake in Invesco S&P 500 Momentum ETF $SPMO

Cwm LLC grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,622,555 shares of the company’s stock after purchasing an additional 164,530 shares during the period. Invesco S&P 500 Momentum ETF makes up 1.0% of Cwm LLC’s investment portfolio, making the stock its 18th largest position. Cwm LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $317,486,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mascagni Wealth Management Inc. lifted its position in Invesco S&P 500 Momentum ETF by 30.3% in the third quarter. Mascagni Wealth Management Inc. now owns 27,686 shares of the company’s stock valued at $3,352,000 after buying an additional 6,437 shares during the last quarter. World Investment Advisors increased its position in shares of Invesco S&P 500 Momentum ETF by 112.0% during the third quarter. World Investment Advisors now owns 74,809 shares of the company’s stock valued at $9,056,000 after acquiring an additional 39,528 shares during the last quarter. Fiduciary Planning LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 7.6% in the 3rd quarter. Fiduciary Planning LLC now owns 40,795 shares of the company’s stock valued at $4,939,000 after acquiring an additional 2,872 shares during the period. Brookstone Capital Management raised its stake in shares of Invesco S&P 500 Momentum ETF by 1,525.4% in the 3rd quarter. Brookstone Capital Management now owns 195,748 shares of the company’s stock valued at $23,697,000 after acquiring an additional 183,705 shares during the period. Finally, Private Trust Co. NA lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 26.1% in the 3rd quarter. Private Trust Co. NA now owns 4,689 shares of the company’s stock worth $568,000 after acquiring an additional 970 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $121.45 on Friday. Invesco S&P 500 Momentum ETF has a fifty-two week low of $78.25 and a fifty-two week high of $124.56. The company has a 50 day moving average price of $119.64 and a 200 day moving average price of $117.00. The stock has a market capitalization of $13.27 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.