Investment Management Corp VA ADV Purchases 7,033 Shares of Invesco S&P 500 Momentum ETF $SPMO

Investment Management Corp VA ADV purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,033 shares of the company’s stock, valued at approximately $1,066,000. Invesco S&P 500 Momentum ETF makes up approximately 0.8% of Investment Management Corp VA ADV’s portfolio, making the stock its 29th biggest position.

Several other large investors have also recently modified their holdings of SPMO. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $353,565,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $119,358,000. Commonwealth Equity Services LLC bought a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $76,658,000. Tompkins Financial Corp bought a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $36,990,000. Finally, International Assets Investment Management LLC increased its stake in Invesco S&P 500 Momentum ETF by 2,683.0% during the 3rd quarter. International Assets Investment Management LLC now owns 250,000 shares of the company’s stock valued at $37,895,000 after purchasing an additional 241,017 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $124.41 on Friday. The stock has a market capitalization of $19.55 billion, a PE ratio of 29.51 and a beta of 1.12. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The company has a 50-day simple moving average of $145.48 and a two-hundred day simple moving average of $138.08.

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.