Foresight Capital Management Advisors Inc. Purchases 39,803 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Foresight Capital Management Advisors Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 582.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 46,638 shares of the company’s stock after buying an additional 39,803 shares during the quarter. Foresight Capital Management Advisors Inc. owned about 0.12% of Invesco S&P International Developed Momentum ETF worth $2,518,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $25,000. Private Trust Co. NA increased its stake in Invesco S&P International Developed Momentum ETF by 99.8% during the 2nd quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after purchasing an additional 553 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at $76,000. Harel Insurance Investments & Financial Services Ltd. raised its holdings in Invesco S&P International Developed Momentum ETF by 104.1% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the company’s stock worth $102,000 after buying an additional 1,020 shares during the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter valued at $127,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA IDMO opened at $56.10 on Friday. The stock has a market capitalization of $2.15 billion, a P/E ratio of 18.41 and a beta of 0.80. The company has a 50-day moving average price of $54.42 and a 200-day moving average price of $52.91. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $56.91.

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.