Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Kraematon Investment Advisors Inc.

Kraematon Investment Advisors Inc. lifted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 54.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 55,440 shares of the company’s stock after purchasing an additional 19,482 shares during the period. Invesco S&P International Developed Momentum ETF accounts for about 2.5% of Kraematon Investment Advisors Inc.’s portfolio, making the stock its 11th largest position. Kraematon Investment Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $3,081,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $25,000. Bessemer Group Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $29,000. WPG Advisers LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $55,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 756.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after acquiring 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 in the 3rd quarter worth approximately $71,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $56.18 on Tuesday. The stock has a market cap of $3.30 billion, a P/E ratio of 18.41 and a beta of 0.80. The stock’s 50 day simple moving average is $57.22 and its 200 day simple moving average is $55.65. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $60.44.

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.