SYM FINANCIAL Corp purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 25,627 shares of the company’s stock, valued at approximately $3,885,000. Invesco S&P 500 Momentum ETF makes up 0.3% of SYM FINANCIAL Corp’s investment portfolio, making the stock its 25th largest position.
A number of other institutional investors have also added to or reduced their stakes in SPMO. SG Americas Securities LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock worth $131,000 after acquiring an additional 87 shares in the last quarter. Blue Trust Inc. grew its stake in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the period. Peregrine Asset Advisers Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 3.1% during the first quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock valued at $368,000 after acquiring an additional 100 shares in the last quarter. Eagle Strategies LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 6.4% during the third quarter. Eagle Strategies LLC now owns 1,703 shares of the company’s stock valued at $258,000 after acquiring an additional 102 shares in the last quarter. Finally, City Center Advisors LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 8.2% during the third quarter. City Center Advisors LLC now owns 1,357 shares of the company’s stock valued at $206,000 after acquiring an additional 103 shares in the last quarter.
Invesco S&P 500 Momentum ETF Stock Up 1.4%
NYSEARCA SPMO opened at $142.58 on Wednesday. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week high of $162.30. The business has a 50 day moving average price of $147.83 and a 200-day moving average price of $137.51. The company has a market cap of $22.07 billion, a price-to-earnings ratio of 29.51 and a beta of 1.10.
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.
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