TSG Advice Partners LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 53,588 shares of the company’s stock, valued at approximately $8,657,000. Invesco S&P 500 Momentum ETF makes up about 1.2% of TSG Advice Partners LLC’s investment portfolio, making the stock its 19th biggest position.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $33,000. Toth Financial Advisory Corp bought a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter worth $34,000. Monetary Solutions Ltd bought a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter worth $41,000. Montgomery Financial Services LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth $46,000. Finally, City State Bank raised its holdings in Invesco S&P 500 Momentum ETF by 7,400.0% in the third quarter. City State Bank now owns 300 shares of the company’s stock valued at $45,000 after acquiring an additional 296 shares in the last quarter.
Invesco S&P 500 Momentum ETF Price Performance
NYSEARCA SPMO opened at $132.45 on Tuesday. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30. The company has a market capitalization of $20.69 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10. The company’s fifty day moving average price is $147.03 and its two-hundred day moving average price is $137.90.
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.
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