Riverstone Advisors LLC Grows Position in Invesco S&P International Developed Momentum ETF $IDMO

Riverstone Advisors LLC grew its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 120.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,832 shares of the company’s stock after buying an additional 11,385 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 0.6% of Riverstone Advisors LLC’s holdings, making the stock its 20th biggest position. Riverstone Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IDMO. Creative Financial Designs Inc. ADV purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the second 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 purchased a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $55,000. Private Trust Co. NA increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after purchasing an additional 553 shares during the period. Finally, TD Waterhouse Canada Inc. purchased 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 Stock Down 0.0%

Invesco S&P International Developed Momentum ETF stock opened at $58.35 on Friday. The stock has a 50-day moving average price of $56.97 and a 200 day moving average price of $54.62. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52 week low of $38.35 and a 52 week high of $59.60.

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.