Thoroughbred Financial Services LLC Has $3.65 Million Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Thoroughbred Financial Services LLC lifted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 65.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 65,770 shares of the company’s stock after buying an additional 25,984 shares during the period. Thoroughbred Financial Services LLC owned about 0.13% of Invesco S&P International Developed Momentum ETF worth $3,654,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of IDMO. Capstone Wealth Management Group LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 1st quarter worth $1,171,000. Creative Planning acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $269,000. CW Advisors LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $226,000. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 65.9% during the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after buying an additional 88,971 shares in the last quarter. Finally, Ausdal Financial Partners Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $366,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Invesco S&P International Developed Momentum ETF stock opened at $60.50 on Thursday. Invesco S&P International Developed Momentum ETF has a 52 week low of $48.79 and a 52 week high of $61.17. The stock has a market capitalization of $3.65 billion, a P/E ratio of 18.41 and a beta of 0.81. The stock has a fifty day moving average of $58.02 and a 200-day moving average of $57.08.

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.