Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Bought by New Century Financial Group LLC

New Century Financial Group LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 49.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,271 shares of the company’s stock after purchasing an additional 3,062 shares during the period. New Century Financial Group LLC owned approximately 0.06% of Invesco S&P 500 Momentum ETF worth $811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Commonwealth Equity Services LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 186.0% during the first quarter. Commonwealth Equity Services LLC now owns 18,720 shares of the company’s stock worth $1,502,000 after buying an additional 12,174 shares in the last quarter. Atomi Financial Group Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth $482,000. Oppenheimer & Co. Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 19.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock worth $640,000 after acquiring an additional 1,277 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter worth $1,708,000. Finally, Brookstone Capital Management acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $214,000.

Invesco S&P 500 Momentum ETF Stock Up 0.3 %

Shares of NYSEARCA SPMO opened at $90.64 on Tuesday. Invesco S&P 500 Momentum ETF has a 12 month low of $55.32 and a 12 month high of $91.96. 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 business has a fifty day simple moving average of $87.05 and a 200-day simple moving average of $84.13.

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.