Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Holdings Increased by Financial Partners Group Inc

Financial Partners Group Inc increased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 24.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,430 shares of the company’s stock after acquiring an additional 1,442 shares during the period. Financial Partners Group Inc’s holdings in Invesco S&P 500 Momentum ETF were worth $706,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. World Investment Advisors LLC boosted its stake in Invesco S&P 500 Momentum ETF by 1,416.7% during the third quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock valued at $27,271,000 after buying an additional 281,038 shares in the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in Invesco S&P 500 Momentum ETF in the 3rd quarter valued at about $23,247,000. Austin Private Wealth LLC bought a new position in shares of Invesco S&P 500 Momentum ETF during the 4th quarter valued at about $14,567,000. Fischer Investment Strategies LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $11,215,000. Finally, LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Momentum ETF by 10.0% in the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock worth $112,645,000 after purchasing an additional 113,439 shares in the last quarter.

Invesco S&P 500 Momentum ETF Price Performance

SPMO stock opened at $100.04 on Monday. The firm has a market cap of $1.61 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a 12 month low of $69.19 and a 12 month high of $101.86. The firm has a 50 day simple moving average of $97.33 and a 200 day simple moving average of $92.41.

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.