Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Acquired by National Bank of Canada FI

National Bank of Canada FI boosted its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 371.9% in the third quarter, Holdings Channel.com reports. The firm owned 17,013 shares of the company’s stock after acquiring an additional 13,408 shares during the period. National Bank of Canada FI’s holdings in Invesco S&P 500 Momentum ETF were worth $1,542,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Momentum ETF by 36.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,461,136 shares of the company’s stock valued at $477,631,000 after purchasing an additional 1,456,957 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco S&P 500 Momentum ETF by 10.0% during the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock worth $112,645,000 after acquiring an additional 113,439 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P 500 Momentum ETF by 61.6% in the 2nd quarter. Cetera Investment Advisers now owns 377,409 shares of the company’s stock worth $33,008,000 after purchasing an additional 143,810 shares during the last quarter. Principal Securities Inc. raised its stake in shares of Invesco S&P 500 Momentum ETF by 10.3% in the 3rd quarter. Principal Securities Inc. now owns 321,860 shares of the company’s stock valued at $29,173,000 after purchasing an additional 30,133 shares in the last quarter. Finally, Family Investment Center Inc. lifted its position in shares of Invesco S&P 500 Momentum ETF by 1.5% during the third quarter. Family Investment Center Inc. now owns 293,274 shares of the company’s stock worth $26,582,000 after purchasing an additional 4,245 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 1.1 %

Shares of Invesco S&P 500 Momentum ETF stock opened at $97.77 on Friday. The business has a 50-day moving average price of $94.82 and a 200 day moving average price of $89.81. Invesco S&P 500 Momentum ETF has a fifty-two week low of $63.74 and a fifty-two week high of $98.76. The firm has a market cap of $1.58 billion, a P/E ratio of 20.66 and a beta of 1.00.

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.