Invesco S&P 500 Momentum ETF $SPMO Shares Newly Acquired by StoneX Group Inc.

StoneX Group Inc. purchased a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 17,174 shares of the company’s stock, valued at approximately $2,603,000.

Several other large investors have also modified their holdings of SPMO. Rosenberg Matthew Hamilton purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $33,000. Toth Financial Advisory Corp bought a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $34,000. Monetary Solutions Ltd purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $41,000. Caldwell Trust Co purchased a new position in Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $42,000. Finally, Montgomery Financial Services LLC bought a new position in Invesco S&P 500 Momentum ETF in the second quarter worth approximately $46,000.

Invesco S&P 500 Momentum ETF Price Performance

Shares of NYSEARCA:SPMO opened at $124.41 on Monday. The firm has a 50 day moving average of $145.48 and a 200 day moving average of $138.08. The company has a market capitalization of $19.55 billion, a price-to-earnings ratio of 29.51 and a beta of 1.12. Invesco S&P 500 Momentum ETF has a 52 week low of $107.24 and a 52 week 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.