OneAscent Financial Services LLC purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 6,225 shares of the company’s stock, valued at approximately $591,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 64.7% during the third quarter. FMR LLC now owns 2,995 shares of the company’s stock valued at $271,000 after purchasing an additional 1,176 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $208,000. Flow Traders U.S. LLC bought a new position in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $371,000. Integrated Wealth Concepts LLC increased its position in Invesco S&P 500 Momentum ETF by 19.4% in the third quarter. Integrated Wealth Concepts LLC now owns 11,841 shares of the company’s stock worth $1,073,000 after buying an additional 1,927 shares during the period. Finally, Redwood Investment Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the third quarter worth $493,000.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of SPMO opened at $94.14 on Thursday. The firm has a fifty day moving average of $97.97 and a 200-day moving average of $95.84. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 24.93 and a beta of 0.93. Invesco S&P 500 Momentum ETF has a 1 year low of $74.40 and a 1 year high of $103.44.
Invesco S&P 500 Momentum ETF Increases Dividend
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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