Migdal Insurance & Financial Holdings Ltd. Makes New $758,000 Investment in Invesco S&P 500 Momentum ETF $SPMO

Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 6,259 shares of the company’s stock, valued at approximately $758,000.

A number of other large investors also recently made changes to their positions in SPMO. Evolution Wealth Management Inc. raised its stake in Invesco S&P 500 Momentum ETF by 468.7% during the third quarter. Evolution Wealth Management Inc. now owns 7,410 shares of the company’s stock valued at $897,000 after buying an additional 6,107 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $1,654,000. J.W. Cole Advisors Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 83.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,858 shares of the company’s stock valued at $1,446,000 after acquiring an additional 5,834 shares in the last quarter. Altus Wealth Group LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 4.7% during the 3rd quarter. Altus Wealth Group LLC now owns 137,743 shares of the company’s stock valued at $16,675,000 after acquiring an additional 6,229 shares in the last quarter. Finally, Childress Capital Advisors LLC bought a new position in Invesco S&P 500 Momentum ETF during the third quarter worth $5,590,000.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $117.65 on Thursday. The firm has a market cap of $13.43 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 1-year low of $78.25 and a 1-year high of $124.56. The firm has a fifty day moving average price of $119.21 and a two-hundred day moving average price of $118.47.

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.