Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Get Free Report)’s stock price reached a new 52-week high on Monday . The company traded as high as $105.20 and last traded at $104.75, with a volume of 545989 shares traded. The stock had previously closed at $105.20.
Invesco S&P 500 Momentum ETF Stock Performance
The stock’s 50-day moving average price is $93.40 and its two-hundred day moving average price is $96.13. The stock has a market capitalization of $7.04 billion, a PE ratio of 27.23 and a beta of 0.97.
Institutional Trading of Invesco S&P 500 Momentum ETF
Several institutional investors have recently bought and sold shares of SPMO. WealthShield Partners LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 51.2% in the 1st quarter. WealthShield Partners LLC now owns 307 shares of the company’s stock worth $28,000 after purchasing an additional 104 shares during the period. Investor s Fiduciary Advisor Network LLC grew its holdings in Invesco S&P 500 Momentum ETF by 2.3% during the 1st quarter. Investor s Fiduciary Advisor Network LLC now owns 4,983 shares of the company’s stock valued at $461,000 after buying an additional 111 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Invesco S&P 500 Momentum ETF by 1.4% during the 4th quarter. D.A. Davidson & CO. now owns 9,586 shares of the company’s stock valued at $911,000 after buying an additional 134 shares in the last quarter. Nwam LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 3.6% in the first quarter. Nwam LLC now owns 3,951 shares of the company’s stock valued at $366,000 after purchasing an additional 137 shares in the last quarter. Finally, Horizon Investment Services LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1.1% in the first quarter. Horizon Investment Services LLC now owns 13,483 shares of the company’s stock valued at $1,248,000 after purchasing an additional 143 shares in the last quarter.
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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