Osaic Holdings Inc. Boosts Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Osaic Holdings Inc. boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 93.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 125,842 shares of the company’s stock after purchasing an additional 60,706 shares during the period. Osaic Holdings Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $6,450,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth approximately $25,000. Private Trust Co. NA lifted its stake in Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after purchasing an additional 553 shares during the last quarter. Armstrong Advisory Group Inc. bought a new position in Invesco S&P International Developed Momentum ETF during the second quarter valued at $76,000. Harel Insurance Investments & Financial Services Ltd. grew its holdings in Invesco S&P International Developed Momentum ETF by 104.1% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the company’s stock valued at $102,000 after purchasing an additional 1,020 shares during the period. Finally, Farther Finance Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the second quarter worth $127,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO opened at $55.63 on Tuesday. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $56.91. The stock’s fifty day moving average price is $54.26 and its two-hundred day moving average price is $52.83. The firm has a market cap of $2.14 billion, a PE ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF Company 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.