Vicus Capital Invests $4.36 Million in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Vicus Capital bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 45,876 shares of the company’s stock, valued at approximately $4,359,000. Vicus Capital owned approximately 0.28% of Invesco S&P 500 Momentum ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. grew its stake in shares of Invesco S&P 500 Momentum ETF by 61.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock worth $956,000 after acquiring an additional 3,826 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 26.6% in the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock worth $2,326,000 after buying an additional 5,396 shares during the last quarter. StoneX Group Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $911,000. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth about $326,000. Finally, Truist Financial Corp boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 17.0% in the 2nd quarter. Truist Financial Corp now owns 6,010 shares of the company’s stock worth $526,000 after buying an additional 872 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $103.26 on Friday. The company’s 50-day moving average is $98.17 and its 200 day moving average is $93.29. The company has a market capitalization of $1.66 billion, a P/E ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a fifty-two week low of $72.99 and a fifty-two week high of $103.27.

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.