Patriot Financial Group Insurance Agency LLC Purchases 17,709 Shares of Invesco S&P 500 Momentum ETF $SPMO

Patriot Financial Group Insurance Agency LLC lifted its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 102.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,034 shares of the company’s stock after acquiring an additional 17,709 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $3,928,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Onyx Bridge Wealth Group LLC increased its holdings in Invesco S&P 500 Momentum ETF by 56.2% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 7,575 shares of the company’s stock valued at $849,000 after purchasing an additional 2,727 shares in the last quarter. Merkkuri Wealth Advisors LLC boosted its stake in Invesco S&P 500 Momentum ETF by 4.0% in the first quarter. Merkkuri Wealth Advisors LLC now owns 9,580 shares of the company’s stock worth $1,074,000 after purchasing an additional 370 shares in the last quarter. Meridian Financial Advisors LLC boosted its stake in Invesco S&P 500 Momentum ETF by 34.8% in the first quarter. Meridian Financial Advisors LLC now owns 4,158 shares of the company’s stock worth $466,000 after purchasing an additional 1,073 shares in the last quarter. Maridea Wealth Management LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 13.2% during the first quarter. Maridea Wealth Management LLC now owns 1,997 shares of the company’s stock worth $224,000 after purchasing an additional 233 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF during the first quarter worth $441,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $154.20 on Monday. The business has a fifty day moving average of $144.97 and a 200-day moving average of $128.01. Invesco S&P 500 Momentum ETF has a twelve month low of $107.24 and a twelve month high of $162.30. The firm has a market cap of $18.80 billion, a PE ratio of 29.51 and a beta of 1.11.

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.