Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Shares Bought by StoneX Group Inc.

StoneX Group Inc. increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 59.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,976 shares of the company’s stock after buying an additional 5,929 shares during the quarter. StoneX Group Inc. owned about 0.10% of Invesco S&P 500 Momentum ETF worth $1,518,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. PSI Advisors LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 61.8% in the 4th quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after acquiring an additional 110 shares during the period. Global Trust Asset Management LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 95.5% in the fourth quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock valued at $41,000 after purchasing an additional 210 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter valued at $48,000. Continuum Advisory LLC increased its stake in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after buying an additional 216 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in Invesco S&P 500 Momentum ETF in the 3rd quarter worth $76,000.

Invesco S&P 500 Momentum ETF Price Performance

NYSEARCA:SPMO opened at $93.18 on Wednesday. The firm has a 50-day moving average of $98.10 and a two-hundred day moving average of $95.85. The stock has a market cap of $5.43 billion, a P/E ratio of 24.93 and a beta of 0.93. Invesco S&P 500 Momentum ETF has a 1-year low of $74.40 and a 1-year high of $103.44.

Invesco S&P 500 Momentum ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1794 dividend. The ex-dividend date was Monday, March 24th. This is an increase from Invesco S&P 500 Momentum ETF’s previous dividend of $0.07.

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.