Annex Advisory Services LLC Purchases New Position in Invesco S&P International Developed Momentum ETF $IDMO

Annex Advisory Services LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 9,488 shares of the company’s stock, valued at approximately $527,000.

Several other institutional investors have also recently made changes to their positions in IDMO. Capstone Wealth Management Group LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth $1,171,000. Creative Planning bought a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $269,000. CW Advisors LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $226,000. Raymond James Financial Inc. boosted its stake in Invesco S&P International Developed Momentum ETF by 65.9% in the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares during the period. Finally, Ausdal Financial Partners Inc. bought a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $366,000.

Invesco S&P International Developed Momentum ETF Trading Down 1.0%

IDMO stock opened at $59.70 on Thursday. The firm has a 50 day moving average of $57.31 and a 200-day moving average of $55.91. Invesco S&P International Developed Momentum ETF has a 12 month low of $44.03 and a 12 month high of $60.44. The firm has a market capitalization of $3.53 billion, a P/E ratio of 18.41 and a beta of 0.81.

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.