12,356 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,356 shares of the company’s stock, valued at approximately $1,873,000.

Other large investors have also recently added to or reduced their stakes in the company. First Heartland Consultants Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $7,060,000. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 9.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after buying an additional 128,087 shares during the last quarter. Schuylkill Financial LLC acquired a new position in Invesco S&P 500 Momentum ETF in the second quarter worth approximately $1,513,000. Lunt Capital Management Inc. acquired a new position in Invesco S&P 500 Momentum ETF in the second quarter worth approximately $3,224,000. Finally, Concorde Asset Management LLC raised its position in Invesco S&P 500 Momentum ETF by 12.2% during the second quarter. Concorde Asset Management LLC now owns 59,745 shares of the company’s stock valued at $9,651,000 after acquiring an additional 6,473 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO traded down $0.16 during midday trading on Friday, hitting $138.66. 2,009,242 shares of the company’s stock traded hands, compared to its average volume of 1,947,640. The company has a market cap of $21.46 billion, a PE ratio of 29.51 and a beta of 1.10. The stock’s fifty day simple moving average is $148.27 and its 200-day simple moving average is $145.93. Invesco S&P 500 Momentum ETF has a one year low of $107.24 and a one 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.