TD Waterhouse Canada Inc. Buys 20,598 Shares of Invesco S&P 500 Momentum ETF $SPMO

TD Waterhouse Canada Inc. lifted its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7,545.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,871 shares of the company’s stock after acquiring an additional 20,598 shares during the period. TD Waterhouse Canada Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $2,311,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Triad Wealth Partners LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 22.3% in the second quarter. Triad Wealth Partners LLC now owns 46,710 shares of the company’s stock worth $5,254,000 after buying an additional 8,503 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Invesco S&P 500 Momentum ETF by 32.8% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 13,080 shares of the company’s stock valued at $1,471,000 after purchasing an additional 3,230 shares during the period. Sharkey Howes & Javer acquired a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at about $497,000. Washington Growth Strategies LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 23,435.5% in the second quarter. Washington Growth Strategies LLC now owns 21,888 shares of the company’s stock worth $2,462,000 after purchasing an additional 21,795 shares during the last quarter. Finally, RHS Financial LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF during the second quarter worth about $357,000.

Invesco S&P 500 Momentum ETF Stock Down 0.1%

Shares of NYSEARCA SPMO opened at $114.30 on Friday. The business’s 50 day moving average price is $120.22 and its 200 day moving average price is $114.32. The firm has a market cap of $12.49 billion, a P/E ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $124.56.

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.