WPG Advisers LLC Acquires 24,371 Shares of Invesco S&P International Developed Momentum ETF $IDMO

WPG Advisers LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 102.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,153 shares of the company’s stock after buying an additional 24,371 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises approximately 1.9% of WPG Advisers LLC’s holdings, making the stock its 12th largest position. WPG Advisers LLC owned about 0.08% of Invesco S&P International Developed Momentum ETF worth $2,641,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IDMO. Triumph Capital Management bought a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $25,000. Harbor Asset Planning Inc. bought a new stake in Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $41,000. Clarity Asset Management Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the 4th quarter worth $62,000. Creative Financial Designs Inc. ADV lifted its stake in Invesco S&P International Developed Momentum ETF by 45.5% in 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. Finally, JPMorgan Chase & Co. lifted its stake in Invesco S&P International Developed Momentum ETF by 756.0% in 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.

Invesco S&P International Developed Momentum ETF Stock Down 1.4%

IDMO opened at $59.15 on Thursday. The company has a market capitalization of $3.88 billion, a PE ratio of 18.41 and a beta of 0.80. The firm has a 50-day simple moving average of $59.85 and a two-hundred day simple moving average of $58.21. Invesco S&P International Developed Momentum ETF has a 52 week low of $50.21 and a 52 week high of $62.20.

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.