WealthCare Investment Partners LLC Increases Stock Holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

WealthCare Investment Partners LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 12.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,395 shares of the company’s stock after buying an additional 3,928 shares during the quarter. Invesco S&P 500 Momentum ETF comprises about 1.4% of WealthCare Investment Partners LLC’s holdings, making the stock its 19th biggest holding. WealthCare Investment Partners LLC owned 0.21% of Invesco S&P 500 Momentum ETF worth $3,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Commonwealth Equity Services LLC boosted its stake in Invesco S&P 500 Momentum ETF by 186.0% in the first quarter. Commonwealth Equity Services LLC now owns 18,720 shares of the company’s stock valued at $1,502,000 after acquiring an additional 12,174 shares in the last quarter. Atomi Financial Group Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $482,000. New Century Financial Group LLC acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter worth approximately $498,000. Oppenheimer & Co. Inc. lifted its stake in Invesco S&P 500 Momentum ETF by 19.0% in the first quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock valued at $640,000 after buying an additional 1,277 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $1,708,000.

Invesco S&P 500 Momentum ETF Trading Up 1.2 %

Shares of SPMO opened at $92.14 on Wednesday. The company’s 50 day simple moving average is $87.78 and its 200-day simple moving average is $84.60. The firm has a market cap of $1.48 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 12-month low of $55.32 and a 12-month high of $92.22.

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.