Harbour Investments Inc. Boosts Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Harbour Investments Inc. lifted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 294.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,958 shares of the company’s stock after buying an additional 82,816 shares during the period. Harbour Investments Inc. owned approximately 0.46% of Invesco S&P International Developed Momentum ETF worth $5,685,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IDMO. Janney Montgomery Scott LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $1,069,000. ORG Wealth Partners LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter worth $31,000. ORG Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 131.1% during the 1st quarter. ORG Partners LLC now owns 58,044 shares of the company’s stock worth $2,494,000 after purchasing an additional 32,926 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Invesco S&P International Developed Momentum ETF by 104.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 26,218 shares of the company’s stock worth $1,158,000 after purchasing an additional 13,380 shares during the period. Finally, Professional Financial Advisors LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 6.2% during the 1st quarter. Professional Financial Advisors LLC now owns 66,771 shares of the company’s stock worth $2,949,000 after purchasing an additional 3,869 shares during the period.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $53.22 on Thursday. The stock has a market cap of $2.00 billion, a P/E ratio of 18.41 and a beta of 0.78. The firm has a fifty day moving average price of $53.25 and a 200 day moving average price of $50.09. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $54.43.

Invesco S&P International Developed Momentum ETF Company Profile

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.