Capital Developers LLC Takes $4.76 Million Position in Invesco S&P International Developed Momentum ETF $IDMO

Capital Developers LLC acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 85,628 shares of the company’s stock, valued at approximately $4,758,000. Invesco S&P International Developed Momentum ETF makes up 4.3% of Capital Developers LLC’s portfolio, making the stock its 8th largest holding.

Other institutional investors have also modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the third quarter valued at $25,000. Bessemer Group Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $29,000. WPG Advisers LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $55,000. JPMorgan Chase & Co. raised its position 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 worth $69,000 after purchasing an additional 1,134 shares during the period. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $71,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.1%

Shares of Invesco S&P International Developed Momentum ETF stock opened at $58.44 on Tuesday. The stock’s fifty day moving average is $57.36 and its 200-day moving average is $56.20. The firm has a market capitalization of $3.51 billion, a PE ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a 12-month low of $46.15 and a 12-month high of $60.65.

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.