Founders Financial Securities LLC Acquires New Position in Invesco S&P International Developed Momentum ETF $IDMO

Founders Financial Securities LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 61,739 shares of the company’s stock, valued at approximately $3,769,000. Founders Financial Securities LLC owned 0.09% of Invesco S&P International Developed Momentum ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. WPG Advisers LLC lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 5.9% during the 3rd quarter. WPG Advisers LLC now owns 63,179 shares of the company’s stock worth $3,856,000 after acquiring an additional 3,539 shares during the period. John Boyer Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $26,000. Foresight Capital Management Advisors Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $5,956,000. WESPAC Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF in the third quarter valued at about $561,000. Finally, CPA Asset Management Group LLC increased its stake in Invesco S&P International Developed Momentum ETF by 13.0% in the third quarter. CPA Asset Management Group LLC now owns 199,903 shares of the company’s stock valued at $12,202,000 after acquiring an additional 22,972 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Up 0.5%

NYSEARCA:IDMO opened at $59.62 on Friday. Invesco S&P International Developed Momentum ETF has a 12-month low of $52.14 and a 12-month high of $63.88. The firm has a market capitalization of $4.25 billion, a PE ratio of 18.41 and a beta of 0.80. The firm has a 50-day moving average price of $61.17 and a 200 day moving average price of $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.