Harbour Investments Inc. Buys 911 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Harbour Investments Inc. lifted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 13.7% during the second quarter, Holdings Channel reports. The fund owned 7,553 shares of the company’s stock after acquiring an additional 911 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $312,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IDMO. Systelligence LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter valued at approximately $6,339,000. Synergy Asset Management LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 1st quarter worth $4,392,000. Private Advisor Group LLC lifted its position in Invesco S&P International Developed Momentum ETF by 39.3% during the 4th quarter. Private Advisor Group LLC now owns 66,587 shares of the company’s stock worth $2,453,000 after acquiring an additional 18,792 shares during the last quarter. FinDec Wealth Services Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF by 1.2% during the fourth quarter. FinDec Wealth Services Inc. now owns 64,317 shares of the company’s stock valued at $2,369,000 after acquiring an additional 755 shares during the period. Finally, Professional Financial Advisors LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 1.8% in the second quarter. Professional Financial Advisors LLC now owns 56,057 shares of the company’s stock valued at $2,315,000 after purchasing an additional 1,002 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Invesco S&P International Developed Momentum ETF stock opened at $42.57 on Friday. Invesco S&P International Developed Momentum ETF has a 52 week low of $31.73 and a 52 week high of $43.00. The firm has a market capitalization of $197.95 million, a PE ratio of 14.20 and a beta of 0.84. The business’s 50-day simple moving average is $41.32 and its 200-day simple moving average is $40.94.

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.