Oppenheimer & Co. Inc. Sells 19,461 Shares of Invesco S&P 500 Momentum ETF $SPMO

Oppenheimer & Co. Inc. decreased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 37.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,926 shares of the company’s stock after selling 19,461 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $3,986,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPMO. Capstone Wealth Management Group LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 129.4% in the 1st quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after buying 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 boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 346.5% in 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. US Bancorp DE boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 6.3% in the second quarter. US Bancorp DE now owns 26,298 shares of the company’s stock worth $2,958,000 after acquiring an additional 1,553 shares during the period. Finally, IFP Advisors Inc grew its position in shares of Invesco S&P 500 Momentum ETF by 1,040.0% in the second quarter. IFP Advisors Inc now owns 5,472 shares of the company’s stock valued at $615,000 after purchasing an additional 4,992 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

NYSEARCA:SPMO opened at $120.59 on Thursday. The business’s fifty day moving average is $119.71 and its 200 day moving average is $119.12. The firm has a market cap of $13.69 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.