ORG Partners LLC Acquires 63,217 Shares of Invesco S&P International Developed Momentum ETF $IDMO

ORG Partners LLC increased its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 56.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 174,363 shares of the company’s stock after purchasing an additional 63,217 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 1.7% of ORG Partners LLC’s investment portfolio, making the stock its 7th biggest position. ORG Partners LLC owned about 0.46% of Invesco S&P International Developed Momentum ETF worth $9,416,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $25,000. Private Trust Co. NA boosted its position in shares of 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 worth $57,000 after acquiring an additional 553 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the second quarter valued at approximately $76,000. Harel Insurance Investments & Financial Services Ltd. increased its position 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 worth $102,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the second quarter worth approximately $127,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO opened at $56.78 on Friday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $57.21. The company’s fifty day moving average is $55.03 and its two-hundred day moving average is $53.39. The firm has a market cap of $2.51 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.