3,933 Shares in Invesco S&P 500 Momentum ETF $SPMO Acquired by Mather Group LLC.

Mather Group LLC. acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the third quarter, Holdings Channel.com reports. The firm acquired 3,933 shares of the company’s stock, valued at approximately $596,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 9.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,479,343 shares of the company’s stock worth $238,973,000 after acquiring an additional 128,087 shares during the period. Planning Alternatives Ltd. ADV lifted its stake in Invesco S&P 500 Momentum ETF by 22.9% in the 1st quarter. Planning Alternatives Ltd. ADV now owns 744,409 shares of the company’s stock worth $83,456,000 after purchasing an additional 138,915 shares in the last quarter. Redwood Investment Management LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 5.3% in the 1st quarter. Redwood Investment Management LLC now owns 656,268 shares of the company’s stock valued at $73,574,000 after purchasing an additional 33,157 shares during the period. Private Advisor Group LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 6.8% in the 1st quarter. Private Advisor Group LLC now owns 562,480 shares of the company’s stock valued at $63,060,000 after purchasing an additional 35,630 shares during the period. Finally, Sanctuary Advisors LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 3.3% in the 1st quarter. Sanctuary Advisors LLC now owns 288,988 shares of the company’s stock valued at $32,398,000 after purchasing an additional 9,187 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

SPMO opened at $140.89 on Friday. The company 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 has a one year low of $107.24 and a one year high of $162.30.

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.