Harbour Investments Inc. Raises Stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Harbour Investments Inc. increased its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 56.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,290 shares of the company’s stock after buying an additional 7,319 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $825,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Systelligence LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 42.2% during the 4th quarter. Systelligence LLC now owns 218,908 shares of the company’s stock worth $8,896,000 after purchasing an additional 64,965 shares in the last quarter. MML Investors Services LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 58.4% during the 3rd quarter. MML Investors Services LLC now owns 176,640 shares of the company’s stock worth $7,433,000 after purchasing an additional 65,146 shares in the last quarter. Cyr Financial Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at about $5,295,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at about $5,140,000. Finally, Jane Street Group LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 69.1% in the 3rd quarter. Jane Street Group LLC now owns 110,020 shares of the company’s stock valued at $4,630,000 after acquiring an additional 44,972 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 0.2 %

NYSEARCA:IDMO opened at $45.45 on Thursday. The business’s 50-day moving average price is $43.29 and its two-hundred day moving average price is $42.28. Invesco S&P International Developed Momentum ETF has a twelve month low of $36.64 and a twelve month high of $45.67. The stock has a market cap of $449.96 million, a P/E ratio of 18.62 and a beta of 0.84.

Invesco S&P International Developed Momentum ETF 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.