Bank of Nova Scotia Acquires Shares of 10,200 Invesco S&P 500 Momentum ETF $SPMO

Bank of Nova Scotia bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 10,200 shares of the company’s stock, valued at approximately $1,149,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 8.0% in the first quarter. SG Americas Securities LLC now owns 1,169 shares of the company’s stock valued at $131,000 after purchasing an additional 87 shares during the last quarter. Blue Trust Inc. lifted its position in Invesco S&P 500 Momentum ETF by 35.8% during the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after buying an additional 93 shares in the last quarter. Santori & Peters Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 2.9% during the fourth quarter. Santori & Peters Inc. now owns 3,495 shares of the company’s stock worth $417,000 after buying an additional 100 shares during the last quarter. Fourth Dimension Wealth LLC boosted its stake in Invesco S&P 500 Momentum ETF by 20.0% during the fourth quarter. Fourth Dimension Wealth LLC now owns 600 shares of the company’s stock worth $72,000 after buying an additional 100 shares during the last quarter. Finally, Peregrine Asset Advisers Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 3.1% in the 1st quarter. Peregrine Asset Advisers Inc. now owns 3,282 shares of the company’s stock valued at $368,000 after buying an additional 100 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Down 3.2%

Shares of SPMO opened at $136.37 on Thursday. Invesco S&P 500 Momentum ETF has a 52-week low of $107.24 and a 52-week high of $162.30. The company has a market capitalization of $19.78 billion, a PE ratio of 29.51 and a beta of 1.09. The stock has a fifty day simple moving average of $150.97 and a two-hundred day simple moving average of $132.81.

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.