Trademark Financial Management LLC raised its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 15.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 119,861 shares of the company’s stock after buying an additional 16,294 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 3.7% of Trademark Financial Management LLC’s investment portfolio, making the stock its 8th biggest holding. Trademark Financial Management LLC owned 0.25% of Invesco S&P International Developed Momentum ETF worth $6,661,000 at the end of the most recent quarter.
Several other hedge funds have also recently modified their holdings of the company. Triumph Capital Management bought a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter valued at approximately $25,000. Bessemer Group Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth $29,000. WPG Advisers LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth $55,000. JPMorgan Chase & Co. boosted its position in Invesco S&P International Developed Momentum ETF by 756.0% in the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after purchasing an additional 1,134 shares during the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth $71,000.
Invesco S&P International Developed Momentum ETF Price Performance
Shares of NYSEARCA:IDMO opened at $58.15 on Wednesday. Invesco S&P International Developed Momentum ETF has a 1 year low of $44.76 and a 1 year high of $60.65. The company has a market capitalization of $3.48 billion, a PE ratio of 18.41 and a beta of 0.81. The business has a fifty day moving average price of $57.37 and a two-hundred day moving average price of $56.07.
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.
Further Reading
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