CIBC Private Wealth Group LLC Has $1.93 Million Stock Position in Invesco S&P 500 Momentum ETF $SPMO

CIBC Private Wealth Group LLC grew its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 7,363.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,972 shares of the company’s stock after buying an additional 15,758 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,934,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SPMO. Capstone Wealth Management Group LLC increased its position in shares of Invesco S&P 500 Momentum ETF by 129.4% during the first quarter. Capstone Wealth Management Group LLC now owns 116,148 shares of the company’s stock worth $10,747,000 after acquiring an additional 65,515 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in Invesco S&P 500 Momentum ETF in the 1st quarter valued at $18,900,000. Jane Street Group LLC boosted its stake in Invesco S&P 500 Momentum ETF by 346.5% in the 1st quarter. Jane Street Group LLC now owns 40,389 shares of the company’s stock worth $3,737,000 after purchasing an additional 31,344 shares during the period. PNC Financial Services Group Inc. boosted its stake in Invesco S&P 500 Momentum ETF by 6.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,210 shares of the company’s stock worth $249,000 after purchasing an additional 128 shares during the period. Finally, Cozad Asset Management Inc. increased its holdings in Invesco S&P 500 Momentum ETF by 16.2% during the 2nd quarter. Cozad Asset Management Inc. now owns 9,589 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,340 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO opened at $113.78 on Monday. The business’s 50-day moving average price is $118.81 and its two-hundred day moving average price is $119.55. Invesco S&P 500 Momentum ETF has a 1 year low of $78.25 and a 1 year high of $124.56. The company has a market capitalization of $12.92 billion, a price-to-earnings ratio of 29.51 and a beta of 0.98.

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.