Renaissance Technologies LLC Has $4.20 Million Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Renaissance Technologies LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 612.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,200 shares of the company’s stock after purchasing an additional 38,000 shares during the period. Renaissance Technologies LLC owned about 0.27% of Invesco S&P 500 Momentum ETF worth $4,199,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter valued at approximately $326,000. B. Riley Wealth Advisors Inc. grew its holdings in shares of Invesco S&P 500 Momentum ETF by 14.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 70,098 shares of the company’s stock valued at $6,336,000 after purchasing an additional 8,741 shares during the last quarter. Weaver Consulting Group lifted its stake in Invesco S&P 500 Momentum ETF by 1.9% in the 4th quarter. Weaver Consulting Group now owns 11,145 shares of the company’s stock valued at $1,059,000 after purchasing an additional 204 shares during the last quarter. HBW Advisory Services LLC boosted its position in Invesco S&P 500 Momentum ETF by 8.3% in the fourth quarter. HBW Advisory Services LLC now owns 159,163 shares of the company’s stock valued at $15,122,000 after buying an additional 12,158 shares in the last quarter. Finally, Wedmont Private Capital grew its stake in shares of Invesco S&P 500 Momentum ETF by 152.1% during the fourth quarter. Wedmont Private Capital now owns 6,391 shares of the company’s stock worth $611,000 after buying an additional 3,856 shares during the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $85.93 on Tuesday. Invesco S&P 500 Momentum ETF has a 52-week low of $74.40 and a 52-week high of $103.44. The company has a market capitalization of $5.03 billion, a PE ratio of 25.10 and a beta of 0.96. The company has a fifty day moving average of $93.92 and a 200-day moving average of $95.55.

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.