Invesco S&P International Developed Momentum ETF $IDMO Stock Position Lifted by WPG Advisers LLC

WPG Advisers LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 2,220.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,782 shares of the company’s stock after purchasing an additional 22,757 shares during the period. Invesco S&P International Developed Momentum ETF comprises approximately 1.0% of WPG Advisers LLC’s holdings, making the stock its 16th largest position. WPG Advisers LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,322,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triumph Capital Management purchased a new position in Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $25,000. Bessemer Group Inc. purchased a new position in Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $29,000. 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 valued at $69,000 after purchasing an additional 1,134 shares in the last quarter. TD Waterhouse Canada Inc. purchased a new position in Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $71,000. Finally, Lodestone Wealth Management LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter valued at approximately $114,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO opened at $58.12 on Friday. The company’s 50 day moving average price is $57.35 and its 200 day moving average price is $56.10. Invesco S&P International Developed Momentum ETF has a 52 week low of $45.45 and a 52 week high of $60.65. The company has a market capitalization of $3.49 billion, a PE ratio of 18.41 and a beta of 0.81.

Invesco S&P International Developed Momentum ETF 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.