TD Waterhouse Canada Inc. Acquires 6,804 Shares of Invesco S&P 500 Momentum ETF $SPMO

TD Waterhouse Canada Inc. increased its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 32.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 27,675 shares of the company’s stock after buying an additional 6,804 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Invesco S&P 500 Momentum ETF were worth $3,338,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in SPMO. Envestnet Asset Management Inc. grew its stake in shares of Invesco S&P 500 Momentum ETF by 35.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,166,537 shares of the company’s stock valued at $918,490,000 after purchasing an additional 2,151,980 shares during the period. Mainstay Capital Management LLC ADV boosted its stake in Invesco S&P 500 Momentum ETF by 111.9% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 2,628,653 shares of the company’s stock valued at $295,645,000 after buying an additional 1,388,287 shares in the last quarter. CWM LLC grew its position in Invesco S&P 500 Momentum ETF by 6.7% in the third quarter. CWM LLC now owns 2,622,555 shares of the company’s stock valued at $317,486,000 after acquiring an additional 164,530 shares during the period. Vantagepoint Investment Advisers LLC bought a new stake in Invesco S&P 500 Momentum ETF in the third quarter valued at $317,167,000. Finally, Bank of America Corp DE raised its stake in Invesco S&P 500 Momentum ETF by 30.4% during the second quarter. Bank of America Corp DE now owns 2,411,349 shares of the company’s stock worth $271,204,000 after acquiring an additional 562,290 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA SPMO opened at $119.87 on Friday. Invesco S&P 500 Momentum ETF has a 52-week low of $78.25 and a 52-week high of $124.56. The business has a fifty day moving average of $119.62 and a two-hundred day moving average of $118.81. The stock has a market cap of $13.63 billion, a PE ratio of 29.51 and a beta of 0.98.

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.