CPA Asset Management Group LLC Purchases 126,615 Shares of Invesco S&P International Developed Momentum ETF $IDMO

CPA Asset Management Group LLC grew its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 251.6% during the second quarter, Holdings Channel reports. The institutional investor owned 176,931 shares of the company’s stock after acquiring an additional 126,615 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises 3.1% of CPA Asset Management Group LLC’s investment portfolio, making the stock its 11th largest holding. CPA Asset Management Group LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $10,667,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of IDMO. Triumph Capital Management acquired a new position in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $25,000. Harbor Asset Planning Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF in the first quarter worth about $41,000. Bessemer Group Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF by 90.6% in the first quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after acquiring an additional 480 shares in the last quarter. Clarity Asset Management Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the fourth quarter worth about $62,000. Finally, Creative Financial Designs Inc. ADV grew its stake in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after acquiring an additional 361 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $62.74 on Monday. The company has a market cap of $4.23 billion, a P/E ratio of 18.41 and a beta of 0.80. The firm’s 50-day moving average price is $60.02 and its 200-day moving average price is $58.79. Invesco S&P International Developed Momentum ETF has a 52-week low of $51.91 and a 52-week high of $62.99.

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.