StoneX Group Inc. bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 17,174 shares of the company’s stock, valued at approximately $2,603,000.
A number of other large investors have also recently made changes to their positions in the business. Schuylkill Financial LLC bought a new stake in Invesco S&P 500 Momentum ETF during the second quarter worth approximately $1,513,000. Lunt Capital Management Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at approximately $3,224,000. First Heartland Consultants Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $7,060,000. Concorde Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 12.2% in the 2nd quarter. Concorde Asset Management LLC now owns 59,745 shares of the company’s stock worth $9,651,000 after purchasing an additional 6,473 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after purchasing an additional 128,087 shares during the period.
Invesco S&P 500 Momentum ETF Price Performance
SPMO stock opened at $124.41 on Monday. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The stock has a market capitalization of $19.55 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12. The firm’s fifty day simple moving average is $145.48 and its two-hundred day simple moving average is $138.08.
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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