Tompkins Financial Corp purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 251,714 shares of the company’s stock, valued at approximately $30,472,000. Invesco S&P 500 Momentum ETF accounts for about 2.5% of Tompkins Financial Corp’s portfolio, making the stock its 8th biggest holding.
Several other institutional investors have also recently modified their holdings of the company. Schroder Investment Management Group purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter valued at about $26,000. GHP Investment Advisors Inc. grew its position in Invesco S&P 500 Momentum ETF by 99.2% during the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock valued at $30,000 after acquiring an additional 132 shares during the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter worth approximately $31,000. Rossby Financial LCC raised its stake in shares of Invesco S&P 500 Momentum ETF by 237.8% during the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after acquiring an additional 214 shares in the last quarter. Finally, Tradewinds Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Momentum ETF by 342.5% in the 2nd quarter. Tradewinds Capital Management LLC now owns 354 shares of the company’s stock worth $40,000 after acquiring an additional 274 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
Shares of Invesco S&P 500 Momentum ETF stock opened at $116.53 on Thursday. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56. The company has a fifty day moving average of $119.68 and a 200-day moving average of $116.50. The stock has a market capitalization of $12.73 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98.
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.
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