Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Get Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $148.40 and last traded at $148.38, with a volume of 269572 shares trading hands. The stock had previously closed at $144.94.
Invesco S&P 500 Momentum ETF Stock Performance
The company has a market cap of $18.24 billion, a P/E ratio of 29.51 and a beta of 1.09. The firm’s 50 day moving average price is $128.93 and its two-hundred day moving average price is $122.61.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the business. Security Financial Services INC. raised its holdings in Invesco S&P 500 Momentum ETF by 2.4% during the first quarter. Security Financial Services INC. now owns 85,329 shares of the company’s stock worth $9,566,000 after buying an additional 2,035 shares during the last quarter. Wellington Grp LLC raised its holdings in Invesco S&P 500 Momentum ETF by 43.6% during the first quarter. Wellington Grp LLC now owns 458 shares of the company’s stock worth $51,000 after buying an additional 139 shares during the last quarter. Verus Capital Partners LLC raised its holdings in Invesco S&P 500 Momentum ETF by 5.8% during the first quarter. Verus Capital Partners LLC now owns 13,457 shares of the company’s stock worth $1,509,000 after buying an additional 742 shares during the last quarter. Cadia Private Client LLC acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter worth $364,000. Finally, Western Wealth Management LLC acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter worth $97,000.
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.
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