Invesco S&P International Developed Momentum ETF $IDMO Shares Bought by Titleist Asset Management LLC

Titleist Asset Management LLC increased its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 53.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 193,118 shares of the company’s stock after acquiring an additional 67,407 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up 0.9% of Titleist Asset Management LLC’s holdings, making the stock its 26th largest holding. Titleist Asset Management LLC owned about 0.50% of Invesco S&P International Developed Momentum ETF worth $10,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Creative Financial Designs Inc. ADV acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $25,000. Bessemer Group Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth about $29,000. WPG Advisers LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth about $55,000. Private Trust Co. NA lifted its stake in Invesco S&P International Developed Momentum ETF by 99.8% during the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after buying an additional 553 shares in the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth about $71,000.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $58.27 on Thursday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $58.97. The firm’s 50 day simple moving average is $56.40 and its 200-day simple moving average is $54.27. The company has a market cap of $2.95 billion, a P/E ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF 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.