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

Financial Partners Group Inc grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 4.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,573 shares of the company’s stock after purchasing an additional 279 shares during the period. Financial Partners Group Inc’s holdings in Invesco S&P 500 Momentum ETF were worth $575,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Orion Portfolio Solutions LLC acquired a new stake in Invesco S&P 500 Momentum ETF in the 1st quarter worth about $46,012,000. Advance Capital Management Inc. acquired a new stake in shares of Invesco S&P 500 Momentum ETF in the first quarter worth approximately $37,208,000. Osaic Holdings Inc. grew its holdings in Invesco S&P 500 Momentum ETF by 141.5% in the first quarter. Osaic Holdings Inc. now owns 475,857 shares of the company’s stock valued at $38,137,000 after purchasing an additional 278,798 shares during the period. Family Investment Center Inc. acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter worth approximately $22,277,000. Finally, Cetera Investment Advisers acquired a new position in Invesco S&P 500 Momentum ETF during the first quarter worth approximately $18,739,000.

Invesco S&P 500 Momentum ETF Trading Down 0.1 %

Shares of SPMO traded down $0.13 during mid-day trading on Friday, reaching $88.39. The company had a trading volume of 410,388 shares, compared to its average volume of 447,365. Invesco S&P 500 Momentum ETF has a fifty-two week low of $55.32 and a fifty-two week high of $91.64. The firm has a fifty day simple moving average of $86.71 and a 200-day simple moving average of $81.35. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 20.66 and a beta of 1.00.

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.