Sonoma Allocations LLC Makes New $7.48 Million Investment in Invesco S&P International Developed Momentum ETF $IDMO

Sonoma Allocations LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 140,339 shares of the company’s stock, valued at approximately $7,477,000. Invesco S&P International Developed Momentum ETF makes up 2.7% of Sonoma Allocations LLC’s investment portfolio, making the stock its 10th biggest position. Sonoma Allocations LLC owned 0.37% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

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

Invesco S&P International Developed Momentum ETF Stock Performance

NYSEARCA:IDMO opened at $56.78 on Friday. The stock has a market capitalization of $2.51 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $57.21. The firm has a 50 day moving average of $55.03 and a 200-day moving average of $53.39.

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.