Rollins Financial Advisors LLC Acquires New Shares in Invesco S&P International Developed Momentum ETF $IDMO

Rollins Financial Advisors LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 11,960 shares of the company’s stock, valued at approximately $646,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Thoroughbred Financial Services LLC increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 26.0% in the third quarter. Thoroughbred Financial Services LLC now owns 39,786 shares of the company’s stock worth $2,148,000 after acquiring an additional 8,216 shares in the last quarter. Dana Investment Advisors Inc. lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 24.5% during the 3rd quarter. Dana Investment Advisors Inc. now owns 18,919 shares of the company’s stock valued at $1,021,000 after purchasing an additional 3,719 shares in the last quarter. Sigma Planning Corp grew its position in shares of Invesco S&P International Developed Momentum ETF by 33.4% in the 3rd quarter. Sigma Planning Corp now owns 77,668 shares of the company’s stock valued at $4,193,000 after purchasing an additional 19,466 shares during the period. Kovack Advisors Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $15,311,000. Finally, D Orazio & Associates Inc. increased its stake in Invesco S&P International Developed Momentum ETF by 347.3% during the 3rd quarter. D Orazio & Associates Inc. now owns 217,529 shares of the company’s stock worth $11,744,000 after purchasing an additional 168,892 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO opened at $59.41 on Wednesday. The firm has a market cap of $3.01 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $38.35 and a twelve month high of $60.22. The firm’s 50 day moving average price is $57.47 and its two-hundred day moving average price is $55.03.

About Invesco S&P International Developed Momentum ETF

The Invesco S&P International Developed Momentum ETF (IDMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from developed markets excluding the US and Korea. Stocks are selected by price momentum and weighted by momentum, scaled by market cap. IDMO was launched on Feb 24, 2012 and is managed by Invesco.