StoneX Group Inc. Acquires Shares of 10,047 Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

StoneX Group Inc. acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,047 shares of the company’s stock, valued at approximately $911,000. StoneX Group Inc. owned 0.06% of Invesco S&P 500 Momentum ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC lifted its stake in shares of Invesco S&P 500 Momentum ETF by 841.7% in the 1st quarter. Jane Street Group LLC now owns 54,620 shares of the company’s stock valued at $4,382,000 after purchasing an additional 48,820 shares during the period. Coppell Advisory Solutions Corp. purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth about $1,581,000. Atria Investments Inc purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth about $1,351,000. Cetera Investment Advisers purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 1st quarter valued at about $18,739,000. Finally, Cetera Advisors LLC raised its holdings in Invesco S&P 500 Momentum ETF by 1,436.8% in the 1st quarter. Cetera Advisors LLC now owns 50,039 shares of the company’s stock worth $4,014,000 after purchasing an additional 46,783 shares during the period.

Invesco S&P 500 Momentum ETF Price Performance

Shares of SPMO stock opened at $95.58 on Monday. Invesco S&P 500 Momentum ETF has a 1-year low of $60.97 and a 1-year high of $97.36. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00. The stock has a 50 day simple moving average of $92.80 and a 200-day simple moving average of $88.17.

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.