Invesco S&P 500 Momentum ETF $SPMO Position Raised by Berbice Capital Management LLC

Berbice Capital Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 119.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,909 shares of the company’s stock after purchasing an additional 29,373 shares during the quarter. Invesco S&P 500 Momentum ETF makes up about 4.2% of Berbice Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Berbice Capital Management LLC owned 0.06% of Invesco S&P 500 Momentum ETF worth $6,063,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Valued Retirements Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the second quarter valued at $305,000. Smith Moore & CO. acquired a new position in shares of Invesco S&P 500 Momentum ETF in the second quarter worth about $4,444,000. VestGen Advisors LLC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 7.8% during the 2nd quarter. VestGen Advisors LLC now owns 55,017 shares of the company’s stock worth $6,188,000 after acquiring an additional 3,997 shares in the last quarter. Schroder Investment Management Group purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 2nd quarter worth about $26,000. Finally, Virtue Capital Management LLC grew its position in shares of Invesco S&P 500 Momentum ETF by 50.0% during the 2nd quarter. Virtue Capital Management LLC now owns 5,538 shares of the company’s stock valued at $623,000 after acquiring an additional 1,847 shares during the period.

Invesco S&P 500 Momentum ETF Stock Up 0.2%

Shares of Invesco S&P 500 Momentum ETF stock opened at $119.16 on Wednesday. The firm has a market cap of $13.02 billion, a PE ratio of 29.51 and a beta of 0.98. Invesco S&P 500 Momentum ETF has a twelve month low of $78.25 and a twelve month high of $124.56. The business has a 50-day moving average price of $119.85 and a 200 day moving average price of $115.37.

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.