Founders Financial Securities LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 61,739 shares of the company’s stock, valued at approximately $3,769,000.
Other large investors have also recently bought and sold shares of the company. John Boyer Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at $26,000. Bessemer Group Inc. boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 90.6% in the 1st quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock valued at $55,000 after purchasing an additional 480 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $69,000. Waverly Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter worth about $71,000. Finally, PNC Financial Services Group Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter worth about $86,000.
Invesco S&P International Developed Momentum ETF Stock Performance
IDMO opened at $59.62 on Friday. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The firm’s 50-day simple moving average is $61.17 and its 200-day simple moving average is $59.50. Invesco S&P International Developed Momentum ETF has a twelve month low of $52.14 and a twelve month high of $63.88.
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.
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