Mather Group LLC. Purchases New Stake in Invesco S&P 500 Momentum ETF $SPMO

Mather Group LLC. purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,933 shares of the company’s stock, valued at approximately $596,000.

Several other institutional investors and hedge funds also recently bought and sold shares of SPMO. Envestnet Asset Management Inc. grew its stake in 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 buying an additional 128,087 shares in the last quarter. Planning Alternatives Ltd. ADV raised its holdings in 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. Redwood Investment Management LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 5.3% during the first quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock worth $73,574,000 after acquiring an additional 33,157 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 6.8% during the first quarter. Private Advisor Group LLC now owns 562,480 shares of the company’s stock worth $63,060,000 after acquiring an additional 35,630 shares in the last quarter. Finally, RVW Wealth LLC lifted its position in shares of Invesco S&P 500 Momentum ETF by 4.9% during the second quarter. RVW Wealth LLC now owns 259,247 shares of the company’s stock worth $41,879,000 after acquiring an additional 12,038 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Invesco S&P 500 Momentum ETF stock opened at $140.89 on Friday. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one year high of $162.30. The business has a fifty day moving average price of $149.27 and a 200-day moving average price of $144.95. The firm has a market capitalization of $21.74 billion, a P/E ratio of 29.51 and a beta of 1.10.

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.