Nations Financial Group Inc. IA ADV Acquires 3,377 Shares of Invesco S&P 500 Momentum ETF $SPMO

Nations Financial Group Inc. IA ADV lifted its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMOFree Report) by 5.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,631 shares of the company’s stock after buying an additional 3,377 shares during the period. Nations Financial Group Inc. IA ADV owned about 0.06% of Invesco S&P 500 Momentum ETF worth $7,694,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Dunhill Financial LLC bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter worth about $33,000. Elevated Capital Advisors LLC bought a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $33,000. Dogwood Wealth Management LLC bought a new position in Invesco S&P 500 Momentum ETF in the fourth quarter valued at approximately $44,000. MAI Capital Management acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $50,000. Finally, Salomon & Ludwin LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 61.3% during the 4th quarter. Salomon & Ludwin LLC now owns 492 shares of the company’s stock worth $59,000 after purchasing an additional 187 shares during the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $159.90 on Friday. Invesco S&P 500 Momentum ETF has a 12-month low of $106.57 and a 12-month high of $160.65. The stock has a market cap of $19.50 billion, a P/E ratio of 29.51 and a beta of 1.11. The business’s 50 day moving average is $141.78 and its 200-day moving average is $126.66.

Invesco S&P 500 Momentum ETF Company 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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