Invesco S&P 500 Momentum ETF $SPMO Shares Acquired by Goldstein Advisors LLC

Goldstein Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 92.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,548 shares of the company’s stock after acquiring an additional 93,342 shares during the quarter. Invesco S&P 500 Momentum ETF makes up about 2.6% of Goldstein Advisors LLC’s holdings, making the stock its 11th largest holding. Goldstein Advisors LLC owned 0.17% of Invesco S&P 500 Momentum ETF worth $23,213,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Lantern Wealth Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 3.5% in the third quarter. Lantern Wealth Advisors LLC now owns 2,634 shares of the company’s stock valued at $319,000 after purchasing an additional 88 shares during the last quarter. Caliber Wealth Management LLC KS increased its holdings in shares of Invesco S&P 500 Momentum ETF by 4.9% in the third quarter. Caliber Wealth Management LLC KS now owns 1,945 shares of the company’s stock valued at $235,000 after purchasing an additional 90 shares during the last quarter. LexAurum Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 4.3% in the third quarter. LexAurum Advisors LLC now owns 2,225 shares of the company’s stock valued at $269,000 after purchasing an additional 92 shares during the last quarter. GK Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 4.1% in the third quarter. GK Wealth Management LLC now owns 2,497 shares of the company’s stock valued at $302,000 after purchasing an additional 99 shares during the last quarter. Finally, Santori & Peters Inc. grew its position in Invesco S&P 500 Momentum ETF by 2.9% in the fourth quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock worth $417,000 after acquiring an additional 100 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $155.09 on Thursday. The firm has a market capitalization of $18.91 billion, a price-to-earnings ratio of 29.51 and a beta of 1.09. Invesco S&P 500 Momentum ETF has a fifty-two week low of $105.30 and a fifty-two week high of $155.74. The stock has a 50 day moving average of $132.63 and a 200 day moving average of $123.77.

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.