48,132 Invesco S&P International Developed Momentum ETF $IDMO Shares Sold by Optima Capital LLC

Optima Capital LLC lowered its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 87.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,847 shares of the company’s stock after selling 48,132 shares during the period. Optima Capital LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $418,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Kinetic Wealth Investment Advisors LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at about $2,477,000. Integrated Wealth Concepts LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 180.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 134,169 shares of the company’s stock valued at $8,089,000 after purchasing an additional 86,340 shares during the period. Lunt Capital Management Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $904,000. Corient Private Wealth LP bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at $505,000. Finally, Waverly Advisors LLC increased its position in Invesco S&P International Developed Momentum ETF by 8,402.9% during the 2nd quarter. Waverly Advisors LLC now owns 109,942 shares of the company’s stock valued at $6,628,000 after buying an additional 108,649 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO opened at $58.01 on Monday. The stock has a market capitalization of $4.15 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $52.14 and a 52-week high of $63.88. The company’s 50-day simple moving average is $61.09 and its two-hundred day simple moving average is $59.50.

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.