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

Riverstone Advisors LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 97.1% in the 1st quarter, HoldingsChannel reports. The firm owned 50,583 shares of the company’s stock after purchasing an additional 24,918 shares during the period. Invesco S&P International Developed Momentum ETF makes up 1.4% of Riverstone Advisors LLC’s portfolio, making the stock its 16th biggest position. Riverstone Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,774,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $25,000. Clarity Asset Management Inc. bought a new position in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $62,000. Creative Financial Designs Inc. ADV increased its stake in Invesco S&P International Developed Momentum ETF by 45.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after acquiring an additional 361 shares during the last quarter. JPMorgan Chase & Co. raised its position in Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after purchasing an additional 1,134 shares in the last quarter. Finally, Scarborough Advisors LLC raised its position in Invesco S&P International Developed Momentum ETF by 305.0% during the fourth quarter. Scarborough Advisors LLC now owns 1,855 shares of the company’s stock valued at $103,000 after purchasing an additional 1,397 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Down 0.9%

Shares of IDMO stock opened at $59.60 on Friday. The business has a 50-day moving average price of $59.66 and a two-hundred day moving average price of $57.95. Invesco S&P International Developed Momentum ETF has a 12-month low of $50.20 and a 12-month high of $62.20. The firm has a market cap of $3.60 billion, a P/E ratio of 18.41 and a beta of 0.80.

About Invesco S&P International Developed Momentum ETF

(Free Report)

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.

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