Nations Financial Group Inc. IA ADV lifted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 5.2% during the 1st quarter, Holdings Channel reports. The firm owned 68,631 shares of the company’s stock after purchasing an additional 3,377 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Invesco S&P 500 Momentum ETF were worth $7,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently modified their holdings of the company. Capstone Wealth Management Group LLC grew its holdings in Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after purchasing an additional 65,515 shares during the period. Goldman Sachs Group Inc. bought a new stake in Invesco S&P 500 Momentum ETF in the first quarter valued at approximately $18,900,000. Jane Street Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 346.5% in the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock valued at $3,737,000 after buying an additional 31,344 shares during the last quarter. Invesco Ltd. lifted its position in shares of Invesco S&P 500 Momentum ETF by 43.9% in the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock valued at $8,559,000 after buying an additional 23,223 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 11.7% in the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock valued at $5,595,000 after buying an additional 5,209 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of NYSEARCA SPMO opened at $159.90 on Friday. The company has a market capitalization of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11. Invesco S&P 500 Momentum ETF has a 12 month low of $106.57 and a 12 month high of $160.65. The stock has a 50 day moving average of $141.78 and a 200-day moving average of $126.66.
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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