BNP Paribas Financial Markets grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 1,586.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,423,949 shares of the company’s stock after purchasing an additional 1,339,497 shares during the period. BNP Paribas Financial Markets owned approximately 1.25% of Invesco S&P 500 Momentum ETF worth $169,906,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in the company. Capstone Wealth Management Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after acquiring an additional 65,515 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $18,900,000. Jane Street Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 346.5% during the first quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after acquiring an additional 31,344 shares during the period. Invesco Ltd. increased its position in shares of Invesco S&P 500 Momentum ETF by 43.9% during the second quarter. Invesco Ltd. now owns 76,100 shares of the company’s stock worth $8,559,000 after acquiring an additional 23,223 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 11.7% during the second quarter. NewEdge Advisors LLC now owns 49,744 shares of the company’s stock worth $5,595,000 after acquiring an additional 5,209 shares during the period.
Invesco S&P 500 Momentum ETF Trading Up 0.3%
Invesco S&P 500 Momentum ETF stock opened at $150.59 on Friday. Invesco S&P 500 Momentum ETF has a twelve month low of $103.99 and a twelve month high of $151.91. The stock’s fifty day simple moving average is $130.28 and its 200-day simple moving average is $123.02. The firm has a market capitalization of $18.36 billion, a P/E ratio of 29.51 and a beta of 1.09.
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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