McIlrath & Eck LLC Acquires 13,686 Shares of Invesco S&P International Developed Momentum ETF $IDMO

McIlrath & Eck LLC grew its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 455,519 shares of the company’s stock after purchasing an additional 13,686 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises about 1.9% of McIlrath & Eck LLC’s portfolio, making the stock its 16th biggest position. McIlrath & Eck LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $24,981,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IDMO. Triumph Capital Management bought a new stake in Invesco S&P International Developed Momentum ETF in the third quarter worth approximately $25,000. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the 1st quarter worth approximately $41,000. Bessemer Group Inc. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 90.6% during the 1st quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after buying an additional 480 shares in the last quarter. Clarity Asset Management Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter worth approximately $62,000. Finally, Creative Financial Designs Inc. ADV grew its position in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after buying an additional 361 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Up 4.1%

NYSEARCA:IDMO opened at $60.61 on Friday. Invesco S&P International Developed Momentum ETF has a twelve month low of $50.21 and a twelve month high of $62.20. The company has a fifty day moving average of $59.83 and a 200-day moving average of $58.59. The firm has a market capitalization of $4.07 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.