Rollins Financial Advisors LLC Makes New $646,000 Investment in Invesco S&P International Developed Momentum ETF $IDMO

Rollins Financial Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,960 shares of the company’s stock, valued at approximately $646,000.

Other large investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth $25,000. Bessemer Group Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth about $29,000. WPG Advisers LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at about $55,000. JPMorgan Chase & Co. grew its position in Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after buying an additional 1,134 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $71,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.5%

NYSEARCA IDMO opened at $59.41 on Wednesday. The company’s 50-day simple moving average is $57.47 and its 200 day simple moving average is $55.03. The stock has a market cap of $3.01 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $38.35 and a twelve month high of $60.22.

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.