Perigon Wealth Management LLC Has $2.51 Million Stock Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Perigon Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 58.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,749 shares of the company’s stock after buying an additional 9,453 shares during the period. Perigon Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $2,512,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Wetzel Investment Advisors Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF by 4.2% during the 4th quarter. Wetzel Investment Advisors Inc. now owns 38,845 shares of the company’s stock worth $3,691,000 after acquiring an additional 1,573 shares in the last quarter. Kingswood Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 80.0% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 10,942 shares of the company’s stock worth $1,040,000 after acquiring an additional 4,863 shares in the last quarter. Narwhal Capital Management bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $298,000. MKT Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $229,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter worth approximately $397,000.

Invesco S&P 500 Momentum ETF Stock Down 0.3 %

Shares of SPMO opened at $99.10 on Thursday. The stock has a market capitalization of $1.60 billion, a P/E ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a twelve month low of $69.19 and a twelve month high of $101.86. The company has a 50 day moving average of $97.05 and a 200-day moving average of $92.22.

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.