SYM FINANCIAL Corp purchased a new position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 25,627 shares of the company’s stock, valued at approximately $3,885,000. Invesco S&P 500 Momentum ETF makes up 0.3% of SYM FINANCIAL Corp’s holdings, making the stock its 25th largest holding.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $353,565,000. Envestnet Asset Management Inc. increased its stake in shares of Invesco S&P 500 Momentum ETF by 9.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock valued at $238,973,000 after acquiring an additional 128,087 shares in the last quarter. Planning Alternatives Ltd. ADV lifted its position in shares of Invesco S&P 500 Momentum ETF by 22.9% during the 1st quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock valued at $83,456,000 after acquiring an additional 138,915 shares during the period. Alpine Bank Wealth Management lifted its position in shares of Invesco S&P 500 Momentum ETF by 1.4% during the 3rd quarter. Alpine Bank Wealth Management now owns 498,031 shares of the company’s stock valued at $75,492,000 after acquiring an additional 7,043 shares during the period. Finally, Redwood Investment Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 5.3% during the 1st quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock valued at $73,574,000 after acquiring an additional 33,157 shares during the period.
Invesco S&P 500 Momentum ETF Stock Up 1.4%
Shares of NYSEARCA SPMO opened at $142.58 on Wednesday. The firm has a market cap of $22.07 billion, a PE ratio of 29.51 and a beta of 1.10. Invesco S&P 500 Momentum ETF has a 12-month low of $107.24 and a 12-month high of $162.30. The company’s fifty day simple moving average is $147.83 and its 200 day simple moving average is $137.51.
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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