Jackson Wealth Management LLC Has $8.10 Million Holdings in Invesco S&P 500 Momentum ETF $SPMO

Jackson Wealth Management LLC grew its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 13.6% during the 4th quarter, Holdings Channel reports. The firm owned 67,918 shares of the company’s stock after purchasing an additional 8,112 shares during the period. Jackson Wealth Management LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $8,104,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth approximately $317,167,000. Osaic Holdings Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 126.3% in the second quarter. Osaic Holdings Inc. now owns 1,097,393 shares of the company’s stock valued at $120,105,000 after acquiring an additional 612,432 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco S&P 500 Momentum ETF by 30.4% in the second quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock valued at $271,204,000 after acquiring an additional 562,290 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth $65,042,000. Finally, Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 62.0% during the 3rd quarter. Raymond James Financial Inc. now owns 1,341,003 shares of the company’s stock worth $162,342,000 after acquiring an additional 513,037 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $114.74 on Friday. The firm has a fifty day moving average of $117.62 and a two-hundred day moving average of $119.11. The stock has a market capitalization of $13.11 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $124.56.

Invesco S&P 500 Momentum ETF 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.