Invesco S&P 500 Momentum ETF $SPMO Stock Position Cut by Delta Wealth Advisors LLC

Delta Wealth Advisors LLC cut its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 12.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,122 shares of the company’s stock after selling 5,290 shares during the quarter. Invesco S&P 500 Momentum ETF makes up approximately 3.6% of Delta Wealth Advisors LLC’s holdings, making the stock its 10th largest holding. Delta Wealth Advisors LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,310,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SPMO. Cullen Frost Bankers Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $27,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $31,000. Dunhill Financial LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $33,000. Elevated Capital Advisors LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 4th quarter valued at approximately $33,000. Finally, Salomon & Ludwin LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 117.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 305 shares of the company’s stock valued at $37,000 after acquiring an additional 165 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.8%

Shares of NYSEARCA SPMO opened at $126.65 on Wednesday. Invesco S&P 500 Momentum ETF has a twelve month low of $86.88 and a twelve month high of $128.51. The company has a market capitalization of $14.83 billion, a price-to-earnings ratio of 29.51 and a beta of 1.02. The business has a 50 day simple moving average of $118.70 and a 200-day simple moving average of $119.34.

About Invesco S&P 500 Momentum ETF

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.