Foresight Capital Management Advisors Inc. Takes Position in Invesco S&P International Developed Momentum ETF $IDMO

Foresight Capital Management Advisors Inc. bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,835 shares of the company’s stock, valued at approximately $350,000.

Other institutional investors have also recently bought and sold shares of the company. Drake & Associates LLC bought a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $17,250,000. Kraematon Investment Advisors Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $728,000. USAdvisors Wealth Management LLC bought a new stake in Invesco S&P International Developed Momentum ETF in the second quarter valued at about $3,175,000. Ameriflex Group Inc. raised its position in Invesco S&P International Developed Momentum ETF by 8.1% in the second quarter. Ameriflex Group Inc. now owns 12,833 shares of the company’s stock worth $651,000 after purchasing an additional 963 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the second quarter worth about $1,515,000.

Invesco S&P International Developed Momentum ETF Trading Down 0.3%

NYSEARCA IDMO opened at $54.21 on Tuesday. The stock’s 50 day moving average is $52.93 and its two-hundred day moving average is $49.74. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 18.41 and a beta of 0.78. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $54.43.

About Invesco S&P International Developed Momentum ETF

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.