Financial Partners Group Inc Grows Stock Holdings in Invesco S&P 500 Momentum ETF $SPMO

Financial Partners Group Inc grew its position in shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 8.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,077 shares of the company’s stock after purchasing an additional 5,568 shares during the period. Invesco S&P 500 Momentum ETF comprises about 1.1% of Financial Partners Group Inc’s holdings, making the stock its 25th largest holding. Financial Partners Group Inc owned approximately 0.06% of Invesco S&P 500 Momentum ETF worth $8,484,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Schroder Investment Management Group bought a new stake in Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $26,000. GHP Investment Advisors Inc. raised its stake in shares of Invesco S&P 500 Momentum ETF by 99.2% during the second quarter. GHP Investment Advisors Inc. now owns 265 shares of the company’s stock worth $30,000 after acquiring an additional 132 shares in the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth approximately $31,000. Blue Trust Inc. bought a new stake in shares of Invesco S&P 500 Momentum ETF in the 3rd quarter worth approximately $31,000. Finally, Rossby Financial LCC boosted its stake in shares of Invesco S&P 500 Momentum ETF by 237.8% in the 2nd quarter. Rossby Financial LCC now owns 304 shares of the company’s stock valued at $34,000 after purchasing an additional 214 shares in the last quarter.

Invesco S&P 500 Momentum ETF Stock Performance

SPMO stock opened at $121.38 on Monday. The firm has a market cap of $13.26 billion, a P/E ratio of 29.51 and a beta of 0.98. The firm’s fifty day moving average is $119.66 and its 200 day moving average is $117.24. Invesco S&P 500 Momentum ETF has a 52 week low of $78.25 and a 52 week high of $124.56.

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.