D Orazio & Associates Inc. Takes $2.49 Million Position in Invesco S&P International Developed Momentum ETF $IDMO

D Orazio & Associates Inc. bought a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 48,637 shares of the company’s stock, valued at approximately $2,492,000. Invesco S&P International Developed Momentum ETF comprises 0.4% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 29th largest position. D Orazio & Associates Inc. owned about 0.20% of Invesco S&P International Developed Momentum ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV bought a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth $25,000. Private Trust Co. NA grew its stake in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock worth $57,000 after purchasing an additional 553 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new position in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $76,000. Harel Insurance Investments & Financial Services Ltd. raised its position in Invesco S&P International Developed Momentum ETF by 104.1% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the company’s stock valued at $102,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Farther Finance Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth approximately $127,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO stock opened at $55.35 on Thursday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $55.35. The firm has a market cap of $2.13 billion, a P/E ratio of 18.41 and a beta of 0.80. The business’s 50 day moving average price is $53.67 and its 200-day moving average price is $51.62.

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.