Horizon Investment Services LLC Takes Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Horizon Investment Services LLC bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,048 shares of the company’s stock, valued at approximately $1,099,000. Horizon Investment Services LLC owned approximately 0.58% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 78.2% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980 shares of the company’s stock valued at $40,000 after purchasing an additional 430 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Invesco S&P International Developed Momentum ETF by 9.9% in the third quarter. Thrivent Financial for Lutherans now owns 6,144 shares of the company’s stock worth $259,000 after buying an additional 553 shares during the last quarter. Southland Equity Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 8.2% during the fourth quarter. Southland Equity Partners LLC now owns 16,404 shares of the company’s stock worth $667,000 after buying an additional 1,245 shares during the period. ORG Partners LLC increased its position in Invesco S&P International Developed Momentum ETF by 7.2% during the fourth quarter. ORG Partners LLC now owns 25,118 shares of the company’s stock valued at $1,022,000 after acquiring an additional 1,681 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in shares of Invesco S&P International Developed Momentum ETF by 59.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 8,118 shares of the company’s stock valued at $330,000 after acquiring an additional 3,028 shares during the period.

Invesco S&P International Developed Momentum ETF Trading Down 1.3 %

IDMO stock opened at $44.44 on Friday. The stock has a market cap of $495.51 million, a PE ratio of 17.47 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a 12 month low of $36.64 and a 12 month high of $45.67. The company has a 50-day moving average price of $43.87 and a 200 day moving average price of $42.43.

Invesco S&P International Developed Momentum ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.2239 per share. The ex-dividend date was Monday, March 24th.

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.