Systelligence LLC Has $9.06 Million Stake in Invesco S&P International Developed Momentum ETF $IDMO

Systelligence LLC reduced its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 18.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 165,135 shares of the company’s stock after selling 36,918 shares during the period. Invesco S&P International Developed Momentum ETF makes up approximately 1.8% of Systelligence LLC’s investment portfolio, making the stock its 27th biggest position. Systelligence LLC owned about 0.28% of Invesco S&P International Developed Momentum ETF worth $9,056,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Triumph Capital Management acquired a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter valued at $25,000. Clarity Asset Management Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter valued at $62,000. Creative Financial Designs Inc. ADV grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after purchasing an additional 361 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 756.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after purchasing an additional 1,134 shares in the last quarter. Finally, Scarborough Advisors LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 305.0% in the fourth quarter. Scarborough Advisors LLC now owns 1,855 shares of the company’s stock worth $103,000 after purchasing an additional 1,397 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Down 0.9%

IDMO stock opened at $59.60 on Friday. Invesco S&P International Developed Momentum ETF has a 52 week low of $50.20 and a 52 week high of $62.20. The business has a 50-day simple moving average of $59.66 and a 200 day simple moving average of $57.95. The company has a market cap of $3.60 billion, a PE ratio of 18.41 and a beta of 0.80.

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.