Osaic Holdings Inc. Has $120.11 Million Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Osaic Holdings Inc. boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 126.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,097,393 shares of the company’s stock after purchasing an additional 612,432 shares during the quarter. Osaic Holdings Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $120,105,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in shares of Invesco S&P 500 Momentum ETF during the second quarter worth $147,000. Centaurus Financial Inc. increased its position in shares of Invesco S&P 500 Momentum ETF by 9.1% in the 2nd quarter. Centaurus Financial Inc. now owns 1,301 shares of the company’s stock valued at $146,000 after buying an additional 109 shares in the last quarter. Barnes Wealth Management Group Inc raised its stake in Invesco S&P 500 Momentum ETF by 49.1% during the 2nd quarter. Barnes Wealth Management Group Inc now owns 6,323 shares of the company’s stock worth $711,000 after buying an additional 2,083 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in Invesco S&P 500 Momentum ETF by 37.4% during the second quarter. Orion Porfolio Solutions LLC now owns 978,755 shares of the company’s stock worth $110,081,000 after acquiring an additional 266,205 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Invesco S&P 500 Momentum ETF by 218.2% during the second quarter. Thrivent Financial for Lutherans now owns 247,366 shares of the company’s stock worth $27,821,000 after acquiring an additional 169,631 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $119.10 on Monday. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56. The business has a 50-day moving average of $119.85 and a two-hundred day moving average of $116.31. The company has a market capitalization of $13.01 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.