Riverstone Advisors LLC boosted its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 97.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,583 shares of the company’s stock after buying an additional 24,918 shares during the period. Invesco S&P International Developed Momentum ETF makes up 1.4% of Riverstone Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Riverstone Advisors LLC owned approximately 0.08% of Invesco S&P International Developed Momentum ETF worth $2,774,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Embree Financial Group grew its position in shares of Invesco S&P International Developed Momentum ETF by 39.5% in 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. lifted its holdings in Invesco S&P International Developed Momentum ETF by 112.5% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after purchasing an additional 52,469 shares in the last quarter. ORG Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 12.0% in the 4th quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock worth $10,853,000 after purchasing an additional 20,904 shares during the period. Welch Financial Planning LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter worth about $4,858,000. Finally, Triad Wealth Partners LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter worth about $498,000.
Invesco S&P International Developed Momentum ETF Stock Down 0.9%
Shares of IDMO opened at $59.60 on Friday. The business’s 50-day moving average price is $59.66 and its 200-day moving average price is $57.95. Invesco S&P International Developed Momentum ETF has a twelve month low of $50.20 and a twelve month high of $62.20. The stock has a market cap of $3.60 billion, a PE ratio of 18.41 and a beta of 0.80.
Invesco S&P International Developed Momentum ETF 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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.
Recommended Stories
- Five stocks we like better than Invesco S&P International Developed Momentum ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Invesco S&P International Developed Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P International Developed Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.
