TD Private Client Wealth LLC Buys 243,759 Shares of Invesco S&P 500 Momentum ETF $SPMO

TD Private Client Wealth LLC increased its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 460.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 296,678 shares of the company’s stock after acquiring an additional 243,759 shares during the quarter. Invesco S&P 500 Momentum ETF comprises approximately 0.8% of TD Private Client Wealth LLC’s investment portfolio, making the stock its 27th biggest holding. TD Private Client Wealth LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $35,916,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Schroder Investment Management Group acquired a new stake in Invesco S&P 500 Momentum ETF in the second quarter worth $26,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at $31,000. GHP Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Momentum ETF by 99.2% during the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after acquiring an additional 132 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter worth about $31,000. Finally, Rossby Financial LCC raised its position in shares of Invesco S&P 500 Momentum ETF by 237.8% during the second quarter. Rossby Financial LCC now owns 304 shares of the company’s stock worth $34,000 after purchasing an additional 214 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO opened at $120.47 on Tuesday. The stock has a 50 day simple moving average of $119.28 and a 200 day simple moving average of $118.17. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56. The firm has a market capitalization of $13.68 billion, a PE ratio of 29.51 and a beta of 0.98.

Invesco S&P 500 Momentum ETF 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.