Invesco S&P 500 Momentum ETF $SPMO Shares Purchased by Cibc World Market Inc.

Cibc World Market Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 546.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,554 shares of the company’s stock after acquiring an additional 137,412 shares during the period. Cibc World Market Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $19,679,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P 500 Momentum ETF in the third quarter worth about $317,167,000. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 Momentum ETF by 35.8% during the second quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock valued at $918,490,000 after buying an additional 2,151,980 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Invesco S&P 500 Momentum ETF by 126.3% during the 2nd quarter. Osaic Holdings Inc. now owns 1,097,393 shares of the company’s stock worth $120,105,000 after buying an additional 612,432 shares during the last quarter. Bank of America Corp DE grew its position in shares of Invesco S&P 500 Momentum ETF by 30.4% in the 2nd quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after acquiring an additional 562,290 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $65,042,000.

Invesco S&P 500 Momentum ETF Trading Down 1.9%

SPMO stock opened at $118.27 on Friday. The stock’s 50 day simple moving average is $119.66 and its 200 day simple moving average is $119.11. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $124.56. The firm has a market cap of $13.43 billion, a P/E ratio of 29.51 and a beta of 0.98.

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.