2,684 Shares in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Purchased by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,684 shares of the company’s stock, valued at approximately $243,000.

A number of other institutional investors also recently added to or reduced their stakes in SPMO. Richardson Financial Services Inc. boosted its stake in shares of Invesco S&P 500 Momentum ETF by 26.8% in the second quarter. Richardson Financial Services Inc. now owns 946 shares of the company’s stock valued at $83,000 after buying an additional 200 shares in the last quarter. Financial Partners Group Inc increased its holdings in shares of Invesco S&P 500 Momentum ETF by 4.4% in the 2nd quarter. Financial Partners Group Inc now owns 6,573 shares of the company’s stock valued at $575,000 after purchasing an additional 279 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its stake in shares of Invesco S&P 500 Momentum ETF by 103.9% in the second quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock valued at $50,000 after purchasing an additional 290 shares during the period. ORG Partners LLC acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the second quarter valued at about $38,000. Finally, Convergence Financial LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 1.1% during the third quarter. Convergence Financial LLC now owns 40,832 shares of the company’s stock worth $3,701,000 after buying an additional 451 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.7 %

Shares of SPMO opened at $92.73 on Thursday. Invesco S&P 500 Momentum ETF has a twelve month low of $55.77 and a twelve month high of $94.69. The firm has a market capitalization of $1.49 billion, a P/E ratio of 20.66 and a beta of 1.00. The firm’s 50-day moving average is $90.44 and its two-hundred day moving average is $86.07.

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.