Patton Albertson Miller Group LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 9,673 shares of the company’s stock, valued at approximately $590,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of IDMO. Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the second quarter worth $2,477,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 180.5% during the second quarter. Integrated Wealth Concepts LLC now owns 134,169 shares of the company’s stock valued at $8,089,000 after purchasing an additional 86,340 shares during the last quarter. Lunt Capital Management Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $904,000. Corient Private Wealth LP acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $505,000. Finally, Waverly Advisors LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF by 8,402.9% in the 2nd quarter. Waverly Advisors LLC now owns 109,942 shares of the company’s stock valued at $6,628,000 after purchasing an additional 108,649 shares during the period.
Invesco S&P International Developed Momentum ETF Trading Up 0.7%
Shares of IDMO opened at $58.23 on Tuesday. The business’s 50-day moving average price is $61.38 and its 200 day moving average price is $59.46. The stock has a market capitalization of $4.15 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 1-year low of $52.14 and a 1-year high of $63.88.
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.
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