Continuum Advisory LLC Has $2.31 Million Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Continuum Advisory LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 70.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 38,405 shares of the company’s stock after buying an additional 15,886 shares during the period. Continuum Advisory LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,315,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Annex Advisory Services LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 3.8% in the second quarter. Annex Advisory Services LLC now owns 41,015 shares of the company’s stock worth $2,473,000 after purchasing an additional 1,491 shares in the last quarter. Insight Wealth Strategies LLC grew its position in Invesco S&P International Developed Momentum ETF by 4.7% in the second quarter. Insight Wealth Strategies LLC now owns 385,732 shares of the company’s stock valued at $23,098,000 after purchasing an additional 17,222 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its stake in Invesco S&P International Developed Momentum ETF by 15.2% in the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 10,477 shares of the company’s stock valued at $632,000 after buying an additional 1,380 shares during the last quarter. CPA Asset Management Group LLC increased its stake in Invesco S&P International Developed Momentum ETF by 251.6% in the 2nd quarter. CPA Asset Management Group LLC now owns 176,931 shares of the company’s stock valued at $10,667,000 after buying an additional 126,615 shares during the last quarter. Finally, Professional Financial Advisors LLC lifted its position in Invesco S&P International Developed Momentum ETF by 4.4% during the 2nd quarter. Professional Financial Advisors LLC now owns 68,552 shares of the company’s stock worth $4,133,000 after buying an additional 2,877 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $62.29 on Thursday. The firm has a 50-day moving average of $61.07 and a 200-day moving average of $59.37. Invesco S&P International Developed Momentum ETF has a one year low of $52.09 and a one year high of $63.88. The company has a market cap of $4.20 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.