Manchester Financial Inc. Purchases Shares of 453,075 Invesco S&P International Developed Momentum ETF $IDMO

Manchester Financial Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 453,075 shares of the company’s stock, valued at approximately $25,177,000. Invesco S&P International Developed Momentum ETF makes up 4.7% of Manchester Financial Inc.’s investment portfolio, making the stock its 3rd largest position. Manchester Financial Inc. owned approximately 0.89% of Invesco S&P International Developed Momentum ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. D Orazio & Associates Inc. raised its position in Invesco S&P International Developed Momentum ETF by 347.3% during the third quarter. D Orazio & Associates Inc. now owns 217,529 shares of the company’s stock valued at $11,744,000 after purchasing an additional 168,892 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Invesco S&P International Developed Momentum ETF by 26.0% during the third quarter. Envestnet Asset Management Inc. now owns 427,428 shares of the company’s stock valued at $23,077,000 after purchasing an additional 88,151 shares in the last quarter. Embree Financial Group raised its position in Invesco S&P International Developed Momentum ETF by 39.5% during the fourth quarter. Embree Financial Group now owns 61,685 shares of the company’s stock valued at $3,428,000 after purchasing an additional 17,469 shares in the last quarter. Foresight Capital Management Advisors Inc. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 112.5% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock valued at $5,507,000 after buying an additional 52,469 shares during the last quarter. Finally, Fortis Group Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at about $817,000.

Invesco S&P International Developed Momentum ETF Trading Up 4.3%

Shares of NYSEARCA:IDMO opened at $59.01 on Friday. The stock’s 50-day moving average price is $59.07 and its 200-day moving average price is $57.48. Invesco S&P International Developed Momentum ETF has a 12-month low of $48.79 and a 12-month high of $61.17. The stock has a market capitalization of $3.56 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.