Fortis Group Advisors LLC Invests $817,000 in Invesco S&P International Developed Momentum ETF $IDMO

Fortis Group Advisors LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 15,154 shares of the company’s stock, valued at approximately $817,000.

Other hedge funds have also bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $25,000. Bessemer Group Inc. bought a new stake in Invesco S&P International Developed Momentum ETF in the third quarter worth $29,000. WPG Advisers LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth $55,000. Private Trust Co. NA grew its stake 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. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after acquiring an additional 1,134 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $59.22 on Thursday. The firm has a market cap of $3.00 billion, a PE ratio of 18.41 and a beta of 0.80. The stock has a 50-day moving average price of $57.18 and a 200-day moving average price of $54.79. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $59.60.

About Invesco S&P International Developed Momentum ETF

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.