Centennial Wealth Advisory LLC Lowers Stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Centennial Wealth Advisory LLC lessened its holdings in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 30.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 45,564 shares of the company’s stock after selling 20,260 shares during the quarter. Invesco S&P 500 Momentum ETF comprises about 1.7% of Centennial Wealth Advisory LLC’s holdings, making the stock its 13th biggest position. Centennial Wealth Advisory LLC’s holdings in Invesco S&P 500 Momentum ETF were worth $4,329,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPMO. PSI Advisors LLC increased its stake in shares of Invesco S&P 500 Momentum ETF by 61.8% during the fourth quarter. PSI Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after purchasing an additional 110 shares in the last quarter. Global Trust Asset Management LLC boosted its holdings in Invesco S&P 500 Momentum ETF by 95.5% in the 4th quarter. Global Trust Asset Management LLC now owns 430 shares of the company’s stock worth $41,000 after buying an additional 210 shares during the last quarter. Continuum Advisory LLC increased its stake in Invesco S&P 500 Momentum ETF by 44.2% during the 3rd quarter. Continuum Advisory LLC now owns 705 shares of the company’s stock worth $67,000 after buying an additional 216 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the third quarter valued at approximately $76,000. Finally, AdvisorNet Financial Inc raised its position in shares of Invesco S&P 500 Momentum ETF by 85.7% in the fourth quarter. AdvisorNet Financial Inc now owns 1,302 shares of the company’s stock valued at $124,000 after buying an additional 601 shares during the last quarter.

Invesco S&P 500 Momentum ETF Trading Up 1.3 %

NYSEARCA:SPMO opened at $101.92 on Thursday. Invesco S&P 500 Momentum ETF has a twelve month low of $72.33 and a twelve month high of $102.03. The company has a market cap of $1.64 billion, a P/E ratio of 20.66 and a beta of 1.00. The company’s 50-day moving average price is $97.50 and its 200-day moving average price is $92.64.

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.