D Orazio & Associates Inc. acquired a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) during the third quarter, HoldingsChannel.com reports. The fund acquired 339,617 shares of the company’s stock, valued at approximately $20,730,000. Invesco S&P International Developed Momentum ETF comprises 2.3% of D Orazio & Associates Inc.’s holdings, making the stock its 13th largest holding.
Several other institutional investors have also added to or reduced their stakes in the stock. Kinetic Wealth Investment Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at approximately $2,477,000. Integrated Wealth Concepts LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 180.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 134,169 shares of the company’s stock worth $8,089,000 after purchasing an additional 86,340 shares during the last quarter. Lunt Capital Management Inc. bought a new position in Invesco S&P International Developed Momentum ETF during the 2nd quarter worth approximately $904,000. Corient Private Wealth LP acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth approximately $505,000. Finally, Citizens Financial Group Inc. RI acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $2,134,000.
Invesco S&P International Developed Momentum ETF Stock Performance
NYSEARCA:IDMO opened at $57.15 on Wednesday. The firm’s fifty day moving average is $60.28 and its 200-day moving average is $59.50. Invesco S&P International Developed Momentum ETF has a 52 week low of $52.14 and a 52 week high of $63.88. The firm has a market cap of $4.09 billion, a P/E ratio of 18.41 and a beta of 0.81.
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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