Foresight Capital Management Advisors Inc. Raises Position in Invesco S&P International Developed Momentum ETF $IDMO

Foresight Capital Management Advisors Inc. lifted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 582.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 46,638 shares of the company’s stock after buying an additional 39,803 shares during the period. Foresight Capital Management Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,518,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IDMO. Creative Financial Designs Inc. ADV purchased a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $25,000. Private Trust Co. NA grew its stake in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the 2nd quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock worth $57,000 after acquiring an additional 553 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter valued at about $76,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 104.1% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the company’s stock valued at $102,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the second quarter worth about $127,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO stock opened at $56.10 on Friday. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $56.91. The company has a 50-day simple moving average of $54.42 and a two-hundred day simple moving average of $52.91.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.