Richardson Financial Services Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 26.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 946 shares of the company’s stock after acquiring an additional 200 shares during the quarter. Richardson Financial Services Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $83,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC lifted its stake 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 purchasing an additional 12,174 shares during the last quarter. Atomi Financial Group Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth approximately $482,000. New Century Financial Group LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at $498,000. Oppenheimer & Co. Inc. grew its position in shares of Invesco S&P 500 Momentum ETF by 19.0% in the 1st quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock valued at $640,000 after buying an additional 1,277 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth $1,708,000.
Invesco S&P 500 Momentum ETF Price Performance
NYSEARCA SPMO opened at $90.59 on Friday. The company has a fifty day moving average of $86.70 and a two-hundred day moving average of $83.49. The company has a market capitalization of $1.46 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 1 year low of $55.32 and a 1 year high of $91.64.
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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