Invesco S&P 500 Momentum ETF $SPMO Shares Newly Bought by Migdal Insurance & Financial Holdings Ltd.

Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 29,974 shares of the company’s stock, valued at approximately $4,541,000.

Several other institutional investors have also made changes to their positions in the company. Dogwood Wealth Management LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 38.4% in the 3rd quarter. Dogwood Wealth Management LLC now owns 458 shares of the company’s stock valued at $69,000 after buying an additional 127 shares in the last quarter. Rasp Wealth Solutions LLC increased its holdings in Invesco S&P 500 Momentum ETF by 3.6% in the third quarter. Rasp Wealth Solutions LLC now owns 25,645 shares of the company’s stock worth $3,887,000 after buying an additional 882 shares during the last quarter. Financial Freedom LLC increased its holdings in Invesco S&P 500 Momentum ETF by 3.0% in the third quarter. Financial Freedom LLC now owns 3,197 shares of the company’s stock worth $485,000 after buying an additional 93 shares during the last quarter. Valmark Advisers Inc. bought a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $604,000. Finally, Valued Retirements Inc. raised its position in Invesco S&P 500 Momentum ETF by 13.4% during the third quarter. Valued Retirements Inc. now owns 5,921 shares of the company’s stock valued at $897,000 after acquiring an additional 700 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 1.6%

NYSEARCA SPMO traded down $2.12 during trading on Friday, reaching $132.31. The company’s stock had a trading volume of 1,605,833 shares, compared to its average volume of 1,997,779. The stock has a market capitalization of $20.77 billion, a PE ratio of 21.44 and a beta of 1.12. The business has a 50-day moving average price of $144.03 and a 200-day moving average price of $138.42. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-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.