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

Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,356 shares of the company’s stock, valued at approximately $1,873,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPMO. Coppell Advisory Solutions LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth about $26,000. Rosenberg Matthew Hamilton bought a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $33,000. Toth Financial Advisory Corp acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at about $34,000. Blue Trust Inc. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 35.8% during the 1st quarter. Blue Trust Inc. now owns 353 shares of the company’s stock valued at $40,000 after acquiring an additional 93 shares during the last quarter. Finally, Montgomery Financial Services LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter valued at about $46,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock traded down $0.16 during trading on Friday, reaching $138.66. The company had a trading volume of 2,009,242 shares, compared to its average volume of 1,947,640. The firm’s 50 day simple moving average is $148.27 and its two-hundred 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. The company has a market capitalization of $21.46 billion, a PE ratio of 29.51 and a beta of 1.10.

About Invesco S&P 500 Momentum ETF

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.