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flag Wealth firms increase stakes in S&P momentum ETFs.

flag Perigon Wealth Management increased its holdings in the Invesco S&P 500 Momentum ETF (SPMO) by over 63%, acquiring 67,346 additional shares valued at $20.7 million. flag This brings its total position to 173,674 shares. flag StoneCrest Wealth Management also raised its stake in the Invesco S&P International Developed Momentum ETF (IDMO) to 5.0% of its portfolio, valued at $12.3 million.

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