Mayflower Financial Advisors LLC bought a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,886 shares of the company’s stock, valued at approximately $2,174,000. Mayflower Financial Advisors LLC owned about 0.14% of Invesco S&P 500 Momentum ETF at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of SPMO. Castle Rock Wealth Management LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $2,263,000. Private Advisor Group LLC grew its holdings in Invesco S&P 500 Momentum ETF by 26.6% during the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock worth $2,326,000 after acquiring an additional 5,396 shares during the period. StoneX Group Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $911,000. Jane Street Group LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $326,000. Finally, Truist Financial Corp boosted its position in shares of Invesco S&P 500 Momentum ETF by 17.0% during the second quarter. Truist Financial Corp now owns 6,010 shares of the company’s stock worth $526,000 after purchasing an additional 872 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Up 1.2 %
Shares of NYSEARCA SPMO opened at $99.41 on Wednesday. The company’s fifty day moving average is $97.05 and its 200-day moving average is $92.22. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a twelve month low of $69.19 and a twelve month high of $101.86.
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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