Roof Eidam Maycock Peralta LLC Invests $661,000 in Invesco S&P 500 Momentum ETF $SPMO

Roof Eidam Maycock Peralta LLC bought a new position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,875 shares of the company’s stock, valued at approximately $661,000.

A number of other institutional investors have also recently bought and sold shares of SPMO. Latitude Advisors LLC raised its stake in Invesco S&P 500 Momentum ETF by 5.0% during the second quarter. Latitude Advisors LLC now owns 2,554 shares of the company’s stock worth $287,000 after purchasing an additional 122 shares during the period. Horst & Graben Wealth Management LLC grew its stake in shares of Invesco S&P 500 Momentum ETF by 4.8% during the 2nd quarter. Horst & Graben Wealth Management LLC now owns 66,581 shares of the company’s stock valued at $7,488,000 after buying an additional 3,040 shares during the period. WealthPLAN Partners LLC increased its holdings in shares of Invesco S&P 500 Momentum ETF by 2.4% during the 2nd quarter. WealthPLAN Partners LLC now owns 7,808 shares of the company’s stock worth $878,000 after buying an additional 184 shares during the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter worth $716,000. Finally, Mutual Advisors LLC raised its position in shares of Invesco S&P 500 Momentum ETF by 411.3% in the 2nd quarter. Mutual Advisors LLC now owns 88,561 shares of the company’s stock worth $10,187,000 after buying an additional 71,240 shares during the period.

Invesco S&P 500 Momentum ETF Trading Down 0.8%

SPMO stock opened at $120.23 on Friday. The company has a market cap of $13.00 billion, a PE ratio of 29.51 and a beta of 0.89. The stock has a 50-day moving average price of $119.00 and a two-hundred day moving average price of $108.92. Invesco S&P 500 Momentum ETF has a 12-month low of $78.25 and a 12-month high of $122.63.

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.