Csenge Advisory Group Sells 1,566 Shares of Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO)

Csenge Advisory Group trimmed its position in Invesco S&P 500 Momentum ETF (NYSEARCA:SPMO) by 20.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 6,110 shares of the company’s stock after selling 1,566 shares during the period. Csenge Advisory Group’s holdings in Invesco S&P 500 Momentum ETF were worth $581,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors LLC grew its holdings in shares of Invesco S&P 500 Momentum ETF by 1,416.7% in the third quarter. World Investment Advisors LLC now owns 300,875 shares of the company’s stock valued at $27,271,000 after acquiring an additional 281,038 shares in the last quarter. Mainstay Capital Management LLC ADV purchased a new position in Invesco S&P 500 Momentum ETF in the third quarter worth $23,247,000. Austin Private Wealth LLC bought a new position in Invesco S&P 500 Momentum ETF in the 4th quarter valued at $14,567,000. Fischer Investment Strategies LLC purchased a new stake in shares of Invesco S&P 500 Momentum ETF during the 3rd quarter valued at $11,215,000. Finally, LPL Financial LLC raised its stake in shares of Invesco S&P 500 Momentum ETF by 10.0% during the 3rd quarter. LPL Financial LLC now owns 1,242,778 shares of the company’s stock worth $112,645,000 after purchasing an additional 113,439 shares during the period.

Invesco S&P 500 Momentum ETF Stock Performance

Shares of NYSEARCA:SPMO opened at $103.07 on Wednesday. The company has a market capitalization of $1.66 billion, a P/E ratio of 20.66 and a beta of 1.00. The company’s 50-day moving average is $98.48 and its 200 day moving average is $93.75. Invesco S&P 500 Momentum ETF has a fifty-two week low of $72.99 and a fifty-two week high of $103.44.

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.