Vantagepoint Investment Advisers LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 2,332,531 shares of the company’s stock, valued at approximately $353,565,000. Invesco S&P 500 Momentum ETF makes up approximately 2.7% of Vantagepoint Investment Advisers LLC’s investment portfolio, making the stock its 9th biggest holding.
Other large investors have also added to or reduced their stakes in the company. Rosenberg Matthew Hamilton purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter worth approximately $33,000. Toth Financial Advisory Corp bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $34,000. Monetary Solutions Ltd bought a new position in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at approximately $41,000. Montgomery Financial Services LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter valued at approximately $46,000. Finally, City State Bank boosted its position in shares of Invesco S&P 500 Momentum ETF by 7,400.0% during the 3rd quarter. City State Bank now owns 300 shares of the company’s stock valued at $45,000 after acquiring an additional 296 shares during the last quarter.
Invesco S&P 500 Momentum ETF Stock Performance
SPMO stock opened at $140.55 on Tuesday. The firm has a fifty day moving average price of $148.34 and a 200 day moving average price of $137.30. Invesco S&P 500 Momentum ETF has a fifty-two week low of $107.24 and a fifty-two week high of $162.30. The firm has a market cap of $21.76 billion, a PE ratio of 29.51 and a beta of 1.10.
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.
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