Csenge Advisory Group Takes $447,000 Position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Csenge Advisory Group acquired a new stake in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,578 shares of the company’s stock, valued at approximately $447,000.

A number of other institutional investors have also bought and sold shares of SPMO. Advance Capital Management Inc. purchased a new position in Invesco S&P 500 Momentum ETF during the first quarter worth approximately $37,208,000. Family Investment Center Inc. purchased a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter worth $22,277,000. Fortis Group Advisors LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at about $17,430,000. Win Advisors Inc. acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at about $4,951,000. Finally, Synergy Asset Management LLC acquired a new position in shares of Invesco S&P 500 Momentum ETF during the 1st quarter valued at about $4,571,000.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of SPMO stock traded down $2.25 on Thursday, hitting $89.39. 619,356 shares of the stock traded hands, compared to its average volume of 339,844. The firm’s 50-day moving average price is $84.24 and its two-hundred day moving average price is $77.72. The stock has a market capitalization of $1.44 billion, a PE ratio of 20.66 and a beta of 1.00. Invesco S&P 500 Momentum ETF has a twelve month low of $55.14 and a twelve month high of $91.64.

About Invesco S&P 500 Momentum ETF

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.