Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Position Increased by National Bank of Canada FI

Posted by Tech Dows on Apr 9th, 2025

National Bank of Canada FI increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 27.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,721 shares of the company’s stock after acquiring an additional 4,708 shares during the quarter. National Bank of Canada FI owned approximately 0.13% of Invesco S&P 500 Momentum ETF worth $2,064,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P 500 Momentum ETF in the fourth quarter worth approximately $14,373,000. Stratos Wealth Partners LTD. increased its stake in shares of Invesco S&P 500 Momentum ETF by 61.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 10,065 shares of the company’s stock worth $956,000 after acquiring an additional 3,826 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the third quarter worth $326,000. Truist Financial Corp boosted its position in Invesco S&P 500 Momentum ETF by 22.6% during the fourth quarter. Truist Financial Corp now owns 12,884 shares of the company’s stock valued at $1,224,000 after purchasing an additional 2,379 shares during the last quarter. Finally, US Bancorp DE grew its stake in Invesco S&P 500 Momentum ETF by 145.9% in the fourth quarter. US Bancorp DE now owns 14,727 shares of the company’s stock valued at $1,399,000 after purchasing an additional 8,739 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

Shares of Invesco S&P 500 Momentum ETF stock opened at $82.66 on Wednesday. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 24.93 and a beta of 0.93. The stock has a 50-day simple moving average of $96.37 and a 200-day simple moving average of $95.65. Invesco S&P 500 Momentum ETF has a 52-week low of $74.40 and a 52-week high of $103.44.

Invesco S&P 500 Momentum ETF Increases Dividend

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

Invesco S&P 500 Momentum ETF Profile

(Free Report)

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.