Valeo Financial Advisors LLC Acquires Shares of 6,258 Invesco S&P 500 Momentum ETF $SPMO

Valeo Financial Advisors LLC acquired a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,258 shares of the company’s stock, valued at approximately $1,011,000.

Several other large investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Invesco S&P 500 Momentum ETF by 751.2% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,392 shares of the company’s stock valued at $386,000 after buying an additional 2,111 shares in the last quarter. First Heartland Consultants Inc. lifted its position in Invesco S&P 500 Momentum ETF by 5.8% during the 2nd quarter. First Heartland Consultants Inc. now owns 35,945 shares of the company’s stock worth $5,807,000 after buying an additional 1,960 shares in the last quarter. Green Ridge Wealth Planning LLC grew its holdings in Invesco S&P 500 Momentum ETF by 4.9% during the 2nd quarter. Green Ridge Wealth Planning LLC now owns 110,026 shares of the company’s stock worth $17,774,000 after acquiring an additional 5,157 shares during the last quarter. RVW Wealth LLC grew its holdings in Invesco S&P 500 Momentum ETF by 4.9% during the 2nd quarter. RVW Wealth LLC now owns 259,247 shares of the company’s stock worth $41,879,000 after acquiring an additional 12,038 shares during the last quarter. Finally, Trinity Wealth Management LLC increased its position in Invesco S&P 500 Momentum ETF by 118.0% in the 2nd quarter. Trinity Wealth Management LLC now owns 21,168 shares of the company’s stock valued at $3,419,000 after acquiring an additional 11,458 shares in the last quarter.

Invesco S&P 500 Momentum ETF Trading Down 0.7%

SPMO opened at $148.70 on Tuesday. Invesco S&P 500 Momentum ETF has a 1-year low of $107.24 and a 1-year high of $162.30. The stock has a market capitalization of $21.78 billion, a PE ratio of 29.51 and a beta of 1.10. The firm has a 50-day moving average price of $150.86 and a two-hundred day moving average price of $134.39.

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.