Paladin Advisory Group LLC Buys 22,133 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Paladin Advisory Group LLC raised its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 40.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 76,339 shares of the company’s stock after purchasing an additional 22,133 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises about 3.2% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 7th largest position. Paladin Advisory Group LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $4,186,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Triumph Capital Management acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at approximately $25,000. Harbor Asset Planning Inc. acquired a new position in Invesco S&P International Developed Momentum ETF in the first quarter worth $41,000. Clarity Asset Management Inc. acquired a new position in Invesco S&P International Developed Momentum ETF in the fourth quarter worth $62,000. Creative Financial Designs Inc. ADV increased its stake in Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after purchasing an additional 361 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after purchasing an additional 1,134 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Up 0.6%

IDMO traded up $0.33 on Friday, hitting $60.14. 324,322 shares of the company’s stock were exchanged, compared to its average volume of 488,863. The firm has a market cap of $3.95 billion, a PE ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $50.21 and a twelve month high of $62.20. The stock has a fifty day moving average of $59.93 and a two-hundred day moving average of $58.25.

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.