Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 61.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,859 shares of the company’s stock after acquiring an additional 7,960 shares during the period. Janney Montgomery Scott LLC owned approximately 0.13% of Invesco S&P 500 Momentum ETF worth $1,891,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 19.0% in the first quarter. Oppenheimer & Co. Inc. now owns 7,981 shares of the company’s stock valued at $640,000 after purchasing an additional 1,277 shares during the period. Castle Rock Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the third quarter valued at approximately $2,263,000. Private Advisor Group LLC boosted its position in shares of Invesco S&P 500 Momentum ETF by 26.6% during the 3rd quarter. Private Advisor Group LLC now owns 25,667 shares of the company’s stock valued at $2,326,000 after acquiring an additional 5,396 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 841.7% in the first quarter. Jane Street Group LLC now owns 54,620 shares of the company’s stock valued at $4,382,000 after purchasing an additional 48,820 shares during the period. Finally, US Bancorp DE acquired a new stake in Invesco S&P 500 Momentum ETF during the first quarter worth about $424,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $96.55 on Wednesday. The company has a market capitalization of $1.56 billion, a PE ratio of 20.66 and a beta of 1.00. The firm’s 50-day moving average is $91.23 and its two-hundred day moving average is $87.10. Invesco S&P 500 Momentum ETF has a 12 month low of $60.22 and a 12 month high of $97.36.

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.