Marshall Wace LLP Purchases 64,044 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Marshall Wace LLP raised its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 221.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 92,951 shares of the company’s stock after acquiring an additional 64,044 shares during the period. Marshall Wace LLP owned about 0.58% of Invesco S&P 500 Momentum ETF worth $8,129,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of SPMO. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 36.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock valued at $477,631,000 after acquiring an additional 1,456,957 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 33.7% during the 2nd quarter. LPL Financial LLC now owns 1,129,339 shares of the company’s stock worth $98,772,000 after purchasing an additional 284,359 shares during the last quarter. Orion Portfolio Solutions LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $46,012,000. Osaic Holdings Inc. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 141.5% in the 1st quarter. Osaic Holdings Inc. now owns 475,857 shares of the company’s stock valued at $38,137,000 after buying an additional 278,798 shares during the last quarter. Finally, Advance Capital Management Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF in the first quarter valued at $37,208,000.

Invesco S&P 500 Momentum ETF Trading Down 0.8 %

Shares of SPMO opened at $90.34 on Monday. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. The company’s fifty day simple moving average is $86.99 and its 200 day simple moving average is $84.02. Invesco S&P 500 Momentum ETF has a 1-year low of $55.32 and a 1-year high of $91.96.

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.