Fmr LLC Has $271,000 Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Fmr LLC raised its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report) by 64.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,995 shares of the company’s stock after buying an additional 1,176 shares during the period. Fmr LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF by 36.4% in the second quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock valued at $477,631,000 after buying an additional 1,456,957 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Momentum ETF by 10.0% in the third quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock valued at $112,645,000 after acquiring an additional 113,439 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Invesco S&P 500 Momentum ETF by 61.6% in the 2nd quarter. Cetera Investment Advisers now owns 377,409 shares of the company’s stock valued at $33,008,000 after acquiring an additional 143,810 shares during the period. Principal Securities Inc. increased its stake in shares of Invesco S&P 500 Momentum ETF by 10.3% during the 3rd quarter. Principal Securities Inc. now owns 321,860 shares of the company’s stock worth $29,173,000 after purchasing an additional 30,133 shares during the last quarter. Finally, Family Investment Center Inc. raised its holdings in shares of Invesco S&P 500 Momentum ETF by 1.5% in the 3rd quarter. Family Investment Center Inc. now owns 293,274 shares of the company’s stock valued at $26,582,000 after purchasing an additional 4,245 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Invesco S&P 500 Momentum ETF stock opened at $95.58 on Friday. The stock has a 50-day simple moving average of $95.18 and a 200 day simple moving average of $90.30. The stock has a market capitalization of $1.54 billion, a P/E ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 52 week low of $64.26 and a 52 week high of $98.76.

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

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