ORG Partners LLC Buys 20,904 Shares of Invesco S&P International Developed Momentum ETF $IDMO

ORG Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 195,267 shares of the company’s stock after acquiring an additional 20,904 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises about 1.9% of ORG Partners LLC’s holdings, making the stock its 6th largest holding. ORG Partners LLC owned approximately 0.42% of Invesco S&P International Developed Momentum ETF worth $10,853,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $25,000. Bessemer Group Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $29,000. WPG Advisers LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $55,000. JPMorgan Chase & Co. increased 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 buying an additional 1,134 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $71,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO stock opened at $52.95 on Monday. The company’s fifty day moving average price is $57.45 and its two-hundred day moving average price is $55.58. The firm has a market capitalization of $2.68 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 12 month low of $38.35 and a 12 month high of $60.44.

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.