Patriot Financial Group Insurance Agency LLC Increases Holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Patriot Financial Group Insurance Agency LLC lifted its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 6.7% in the first quarter, Holdings Channel reports. The firm owned 11,696 shares of the company’s stock after buying an additional 733 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $1,082,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. D.A. Davidson & CO. boosted its holdings in shares of Invesco S&P 500 Momentum ETF by 1.4% in the fourth quarter. D.A. Davidson & CO. now owns 9,586 shares of the company’s stock valued at $911,000 after purchasing an additional 134 shares during the period. PNC Financial Services Group Inc. raised its stake in Invesco S&P 500 Momentum ETF by 28.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,058 shares of the company’s stock worth $101,000 after buying an additional 232 shares in the last quarter. Strait & Sound Wealth Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 2.9% in the fourth quarter. Strait & Sound Wealth Management LLC now owns 8,655 shares of the company’s stock worth $822,000 after buying an additional 243 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in Invesco S&P 500 Momentum ETF by 1.3% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 19,335 shares of the company’s stock worth $1,789,000 after buying an additional 257 shares in the last quarter. Finally, TBH Global Asset Management LLC raised its stake in Invesco S&P 500 Momentum ETF by 1.5% in the fourth quarter. TBH Global Asset Management LLC now owns 17,514 shares of the company’s stock worth $1,664,000 after buying an additional 261 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Up 1.1%

Shares of NYSEARCA:SPMO opened at $106.92 on Monday. The company has a market capitalization of $8.04 billion, a price-to-earnings ratio of 27.23 and a beta of 0.97. Invesco S&P 500 Momentum ETF has a 52 week low of $76.75 and a 52 week high of $107.54. The firm has a 50 day moving average of $96.69 and a 200 day moving average of $97.21.

Invesco S&P 500 Momentum ETF Company 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.