Geneos Wealth Management Inc. Grows Stock Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Geneos Wealth Management Inc. boosted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 313.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,481 shares of the company’s stock after buying an additional 1,881 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $91,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. UBS Group AG bought a new position in Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $31,000. Harbour Investments Inc. grew its position in shares of Invesco S&P International Developed Momentum ETF by 126.8% during the 1st quarter. Harbour Investments Inc. now owns 1,134 shares of the company’s stock worth $37,000 after buying an additional 634 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $202,000. Brinker Capital Investments LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 7.3% during the 1st quarter. Brinker Capital Investments LLC now owns 7,673 shares of the company’s stock worth $265,000 after buying an additional 524 shares in the last quarter. Finally, Envestnet Asset Management Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $361,000.

Invesco S&P International Developed Momentum ETF Trading Down 0.2 %

IDMO opened at $40.60 on Tuesday. Invesco S&P International Developed Momentum ETF has a 12-month low of $31.46 and a 12-month high of $42.26. The business’s fifty day simple moving average is $40.41 and its 200-day simple moving average is $37.00. The company has a market capitalization of $69.02 million, a price-to-earnings ratio of 11.82 and a beta of 0.78.

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.