Cyr Financial Inc. Purchases 15,364 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Cyr Financial Inc. grew its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 215,283 shares of the company’s stock after buying an additional 15,364 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for approximately 6.3% of Cyr Financial Inc.’s investment portfolio, making the stock its 8th biggest holding. Cyr Financial Inc. owned 0.30% of Invesco S&P International Developed Momentum ETF worth $13,141,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Annex Advisory Services LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter valued at approximately $2,733,000. RDA Financial Network increased its position in shares of Invesco S&P International Developed Momentum ETF by 5.2% during the third quarter. RDA Financial Network now owns 63,341 shares of the company’s stock valued at $3,866,000 after acquiring an additional 3,128 shares during the last quarter. Wall Capital Group Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF by 54.8% during the third quarter. Wall Capital Group Inc. now owns 13,232 shares of the company’s stock valued at $808,000 after acquiring an additional 4,685 shares during the last quarter. Winnacle Wealth LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth $960,000. Finally, Mather Group LLC. bought a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth $307,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.3%

IDMO stock traded down $0.20 during midday trading on Friday, hitting $58.99. The company’s stock had a trading volume of 345,529 shares, compared to its average volume of 438,957. The stock’s 50-day moving average price is $61.91 and its 200 day moving average price is $60.34. Invesco S&P International Developed Momentum ETF has a 1 year low of $52.14 and a 1 year high of $63.88. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

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.