Great Valley Advisor Group Inc. Increases Stake in Invesco S&P International Developed Momentum ETF $IDMO

Great Valley Advisor Group Inc. boosted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 135.6% in the 4th quarter, HoldingsChannel reports. The fund owned 1,312,503 shares of the company’s stock after buying an additional 755,465 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for 1.4% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 9th biggest position. Great Valley Advisor Group Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $72,936,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $25,000. Bessemer Group Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $29,000. Creative Financial Designs Inc. ADV lifted its holdings in Invesco S&P International Developed Momentum ETF by 45.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after buying an additional 361 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 756.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after purchasing an additional 1,134 shares during the period. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at approximately $114,000.

Invesco S&P International Developed Momentum ETF Stock Up 4.3%

IDMO opened at $59.01 on Friday. The stock has a market cap of $3.56 billion, a PE ratio of 18.41 and a beta of 0.80. The business has a 50 day moving average of $59.07 and a 200-day moving average of $57.48. Invesco S&P International Developed Momentum ETF has a 52 week low of $48.79 and a 52 week high of $61.17.

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.