164,715 Shares in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) Purchased by Fischer Investment Strategies LLC

Fischer Investment Strategies LLC bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 164,715 shares of the company’s stock, valued at approximately $6,931,000. Invesco S&P International Developed Momentum ETF comprises approximately 6.0% of Fischer Investment Strategies LLC’s holdings, making the stock its 7th biggest holding.

Several other hedge funds also recently bought and sold shares of IDMO. ICA Group Wealth Management LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 214.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock valued at $41,000 after acquiring an additional 680 shares during the period. Key Client Fiduciary Advisors LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the 2nd quarter worth about $227,000. Cetera Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the 1st quarter valued at about $239,000. MONECO Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the second quarter worth about $246,000. Finally, Harbour Investments Inc. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 13.7% during the second quarter. Harbour Investments Inc. now owns 7,553 shares of the company’s stock worth $312,000 after purchasing an additional 911 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

NYSEARCA IDMO opened at $41.11 on Friday. The firm has a market cap of $191.16 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The firm has a 50 day simple moving average of $41.94 and a 200-day simple moving average of $41.30. Invesco S&P International Developed Momentum ETF has a one year low of $31.73 and a one year high of $43.30.

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.