Patriot Financial Group Insurance Agency LLC increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO – Free Report) by 102.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 35,034 shares of the company’s stock after acquiring an additional 17,709 shares during the period. 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 quarter.
Other large investors have also recently bought and sold shares of the company. Dunhill Financial LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at $33,000. Elevated Capital Advisors LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the fourth quarter worth about $33,000. Blue Trust Inc. increased its position in Invesco S&P 500 Momentum ETF by 35.8% in the first quarter. Blue Trust Inc. now owns 353 shares of the company’s stock worth $40,000 after purchasing an additional 93 shares during the period. Dogwood Wealth Management LLC bought a new stake in Invesco S&P 500 Momentum ETF during the 4th quarter worth about $44,000. Finally, MAI Capital Management bought a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $50,000.
Invesco S&P 500 Momentum ETF Stock Performance
Invesco S&P 500 Momentum ETF stock opened at $154.20 on Monday. Invesco S&P 500 Momentum ETF has a 1 year low of $107.24 and a 1 year high of $162.30. The company has a market cap of $18.80 billion, a PE ratio of 29.51 and a beta of 1.11. The company’s 50-day moving average is $144.97 and its two-hundred day moving average is $128.01.
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.
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