HighTower Advisors LLC Purchases 137,771 Shares of Invesco S&P International Developed Momentum ETF $IDMO

HighTower Advisors LLC raised its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 87.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 294,873 shares of the company’s stock after buying an additional 137,771 shares during the quarter. HighTower Advisors LLC owned about 0.58% of Invesco S&P International Developed Momentum ETF worth $16,386,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Triumph Capital Management bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $25,000. Bessemer Group Inc. bought a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $29,000. JPMorgan Chase & Co. increased its stake in Invesco S&P International Developed Momentum ETF by 756.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after acquiring an additional 1,134 shares during the last quarter. TD Waterhouse Canada Inc. bought a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $71,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter worth about $114,000.

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

IDMO opened at $59.75 on Friday. The stock has a 50-day moving average price of $57.73 and a 200-day moving average price of $56.92. Invesco S&P International Developed Momentum ETF has a 12-month low of $48.68 and a 12-month high of $61.17. The stock has a market capitalization of $3.61 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.