Janney Montgomery Scott LLC Purchases 85,278 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Janney Montgomery Scott LLC lifted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 67.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 211,304 shares of the company’s stock after purchasing an additional 85,278 shares during the quarter. Janney Montgomery Scott LLC owned about 0.35% of Invesco S&P International Developed Momentum ETF worth $11,588,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Embree Financial Group raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 39.5% in the 4th quarter. Embree Financial Group now owns 61,685 shares of the company’s stock valued at $3,428,000 after acquiring an additional 17,469 shares in the last quarter. Foresight Capital Management Advisors Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF by 112.5% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after purchasing an additional 52,469 shares during the last quarter. ORG Partners LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 12.0% in the fourth quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock worth $10,853,000 after purchasing an additional 20,904 shares during the last quarter. Welch Financial Planning LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at approximately $4,858,000. Finally, Triad Wealth Partners LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the fourth quarter valued at approximately $498,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $60.17 on Friday. The company’s fifty day moving average price is $59.72 and its 200-day moving average price is $58.09. Invesco S&P International Developed Momentum ETF has a one year low of $50.21 and a one year high of $62.20. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF Company 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.