Win Advisors Inc. decreased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 13.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 105,118 shares of the company’s stock after selling 16,403 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for approximately 4.8% of Win Advisors Inc.’s holdings, making the stock its 7th largest position. Win Advisors Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $9,987,000 at the end of the most recent quarter.
Several other hedge funds also recently made changes to their positions in the company. PSI Advisors LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 61.8% in the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after purchasing an additional 110 shares during the last quarter. Global Trust Asset Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 95.5% in the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after purchasing an additional 210 shares during the last quarter. Continuum Advisory LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 44.2% in the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after purchasing an additional 216 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $76,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 85.7% in the 4th quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock worth $124,000 after purchasing an additional 601 shares during the last quarter.
Invesco S&P 500 Momentum ETF Trading Up 0.6 %
Shares of NYSEARCA SPMO opened at $100.62 on Wednesday. The company has a market cap of $1.62 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 12-month low of $72.21 and a 12-month high of $101.86. The stock’s 50 day simple moving average is $97.42 and its 200 day simple moving average is $92.54.
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.
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