ORG Partners LLC Grows Stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

ORG Partners LLC increased its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,118 shares of the company’s stock after acquiring an additional 1,681 shares during the period. ORG Partners LLC owned about 0.54% of Invesco S&P International Developed Momentum ETF worth $1,022,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IDMO. Fischer Investment Strategies LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $6,931,000. MML Investors Services LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 58.4% during the third quarter. MML Investors Services LLC now owns 176,640 shares of the company’s stock valued at $7,433,000 after buying an additional 65,146 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in Invesco S&P International Developed Momentum ETF by 69.2% in the third quarter. Redhawk Wealth Advisors Inc. now owns 125,194 shares of the company’s stock worth $5,268,000 after acquiring an additional 51,217 shares during the period. Jane Street Group LLC lifted its position in Invesco S&P International Developed Momentum ETF by 69.1% during the third quarter. Jane Street Group LLC now owns 110,020 shares of the company’s stock valued at $4,630,000 after purchasing an additional 44,972 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Invesco S&P International Developed Momentum ETF by 228.7% during the 2nd quarter. Cetera Investment Advisers now owns 37,762 shares of the company’s stock valued at $1,560,000 after acquiring an additional 26,272 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO traded down $0.56 during mid-day trading on Friday, reaching $40.63. The stock had a trading volume of 52,722 shares, compared to its average volume of 59,975. The firm has a market cap of $188.93 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The business has a fifty day moving average of $41.68 and a 200 day moving average of $41.61. Invesco S&P International Developed Momentum ETF has a 12 month low of $36.29 and a 12 month high of $43.62.

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.