Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) Holdings Trimmed by Centennial Wealth Advisory LLC

Centennial Wealth Advisory LLC decreased its stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 0.6% in the third quarter, HoldingsChannel reports. The firm owned 65,824 shares of the company’s stock after selling 422 shares during the period. Invesco S&P 500 Momentum ETF accounts for 2.3% of Centennial Wealth Advisory LLC’s holdings, making the stock its 12th biggest position. Centennial Wealth Advisory LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $5,966,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF in the 2nd quarter valued at $38,000. Concourse Financial Group Securities Inc. boosted its position in Invesco S&P 500 Momentum ETF by 103.9% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 569 shares of the company’s stock worth $50,000 after acquiring an additional 290 shares during the period. Richardson Financial Services Inc. acquired a new stake in Invesco S&P 500 Momentum ETF during the 1st quarter worth about $60,000. TKG Advisors LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $204,000. Finally, Simplicity Wealth LLC acquired a new stake in Invesco S&P 500 Momentum ETF during the 3rd quarter worth about $213,000.

Invesco S&P 500 Momentum ETF Trading Up 1.9 %

NYSEARCA SPMO traded up $1.76 during trading on Wednesday, reaching $94.25. 278,743 shares of the company’s stock were exchanged, compared to its average volume of 539,899. Invesco S&P 500 Momentum ETF has a fifty-two week low of $58.91 and a fifty-two week high of $95.00. The firm has a market capitalization of $1.52 billion, a PE ratio of 20.66 and a beta of 1.00. The company’s fifty day simple moving average is $90.63 and its 200-day simple moving average is $86.54.

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.