Sigma Planning Corp boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 50.4% during the third quarter, Holdings Channel reports. The firm owned 4,702 shares of the company’s stock after buying an additional 1,576 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Momentum ETF were worth $426,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth about $38,000. Concourse Financial Group Securities Inc. raised its position in Invesco S&P 500 Momentum ETF by 103.9% during the second quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock worth $50,000 after acquiring an additional 290 shares during the last quarter. Richardson Financial Services Inc. raised its position in Invesco S&P 500 Momentum ETF by 26.8% during the second quarter. Richardson Financial Services Inc. now owns 946 shares of the company’s stock worth $83,000 after acquiring an additional 200 shares during the last quarter. TKG Advisors LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at about $204,000. Finally, Simplicity Wealth LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $213,000.
Invesco S&P 500 Momentum ETF Price Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $93.90 on Friday. Invesco S&P 500 Momentum ETF has a 1 year low of $60.97 and a 1 year high of $97.36. The business has a 50 day moving average price of $91.83 and a 200 day moving average price of $87.36. The company has a market capitalization of $1.51 billion, a P/E ratio of 20.66 and a beta of 1.00.
About Invesco S&P 500 Momentum ETF
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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