McIlrath & Eck LLC Has $24.55 Million Holdings in Invesco S&P International Developed Momentum ETF $IDMO

McIlrath & Eck LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 13.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 441,833 shares of the company’s stock after acquiring an additional 53,509 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up 2.3% of McIlrath & Eck LLC’s portfolio, making the stock its 14th biggest position. McIlrath & Eck LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $24,553,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in IDMO. Triumph Capital Management acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter valued at approximately $25,000. Bessemer Group Inc. bought a new position in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $29,000. WPG Advisers LLC bought a new position in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $55,000. JPMorgan Chase & Co. boosted its stake in Invesco S&P International Developed Momentum ETF by 756.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after acquiring an additional 1,134 shares during the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $71,000.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $59.07 on Wednesday. The company’s 50 day simple moving average is $57.31 and its 200 day simple moving average is $56.35. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $47.14 and a fifty-two week high of $60.65. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.