ORG Partners LLC Grows Holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

ORG Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 7.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 25,118 shares of the company’s stock after buying an additional 1,681 shares during the quarter. ORG Partners LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,022,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Fischer Investment Strategies LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth about $6,931,000. MML Investors Services LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 58.4% during the 3rd quarter. MML Investors Services LLC now owns 176,640 shares of the company’s stock worth $7,433,000 after acquiring an additional 65,146 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF by 69.2% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 125,194 shares of the company’s stock valued at $5,268,000 after acquiring an additional 51,217 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 69.1% in the third quarter. Jane Street Group LLC now owns 110,020 shares of the company’s stock valued at $4,630,000 after purchasing an additional 44,972 shares during the period. Finally, Cetera Investment Advisers increased its position in Invesco S&P International Developed Momentum ETF by 228.7% during the second quarter. Cetera Investment Advisers now owns 37,762 shares of the company’s stock worth $1,560,000 after purchasing an additional 26,272 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Down 1.4 %

IDMO stock traded down $0.56 during trading on Friday, reaching $40.63. 52,722 shares of the stock were exchanged, compared to its average volume of 59,975. The business has a 50 day moving average price of $41.68 and a 200-day moving average price of $41.61. Invesco S&P International Developed Momentum ETF has a 1 year low of $36.29 and a 1 year high of $43.62. The firm has a market capitalization of $188.93 million, a price-to-earnings ratio of 14.20 and a beta of 0.84.

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.