Invesco S&P 500 Momentum ETF $SPMO Stock Position Raised by Pioneer Family Office LLC

Pioneer Family Office LLC increased its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 119,320 shares of the company’s stock after acquiring an additional 8,965 shares during the quarter. Invesco S&P 500 Momentum ETF accounts for about 9.0% of Pioneer Family Office LLC’s investment portfolio, making the stock its 4th biggest holding. Pioneer Family Office LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $18,083,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Coppell Advisory Solutions LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter worth approximately $26,000. Rosenberg Matthew Hamilton bought a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $33,000. Toth Financial Advisory Corp purchased a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $34,000. Monetary Solutions Ltd purchased a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $41,000. Finally, Caldwell Trust Co purchased a new stake in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $42,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $132.03 on Thursday. The company’s fifty day simple moving average is $146.46 and its 200-day simple moving average is $138.03. The stock has a market capitalization of $20.70 billion, a PE ratio of 29.51 and a beta of 1.12. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30.

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.