Pioneer Family Office LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,320 shares of the company’s stock after purchasing an additional 8,965 shares during the period. Invesco S&P 500 Momentum ETF accounts for about 9.0% of Pioneer Family Office LLC’s holdings, making the stock its 4th largest holding. Pioneer Family Office LLC owned about 0.08% of Invesco S&P 500 Momentum ETF worth $18,083,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SPMO. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth $353,565,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $119,358,000. Tompkins Financial Corp purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $36,990,000. International Assets Investment Management LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 2,683.0% during the third quarter. International Assets Investment Management LLC now owns 250,000 shares of the company’s stock valued at $37,895,000 after purchasing an additional 241,017 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $33,994,000.
Invesco S&P 500 Momentum ETF Trading Down 0.8%
Shares of Invesco S&P 500 Momentum ETF stock opened at $132.03 on Thursday. The business has a fifty day simple moving average of $146.46 and a two-hundred day simple moving average of $138.03. The firm has a market capitalization of $20.70 billion, a P/E ratio of 29.51 and a beta of 1.12. Invesco S&P 500 Momentum ETF has a 12 month low of $107.24 and a 12 month high of $162.30.
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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