Main Street Financial Solutions LLC Makes New Investment in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Main Street Financial Solutions LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,660 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Systelligence LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 0.3% in the 3rd quarter. Systelligence LLC now owns 153,943 shares of the company’s stock worth $6,478,000 after purchasing an additional 453 shares in the last quarter. ICA Group Wealth Management LLC lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 214.5% in the second quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock worth $41,000 after buying an additional 680 shares in the last quarter. ORG Partners LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 4.0% during the third quarter. ORG Partners LLC now owns 23,437 shares of the company’s stock valued at $987,000 after buying an additional 905 shares during the last quarter. Harbour Investments Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF by 13.7% during the second quarter. Harbour Investments Inc. now owns 7,553 shares of the company’s stock valued at $312,000 after acquiring an additional 911 shares in the last quarter. Finally, Professional Financial Advisors LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 1.8% in the 2nd quarter. Professional Financial Advisors LLC now owns 56,057 shares of the company’s stock worth $2,315,000 after acquiring an additional 1,002 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Down 0.8 %

Shares of IDMO opened at $41.28 on Friday. The company has a market cap of $191.95 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The business’s fifty day simple moving average is $41.74 and its two-hundred day simple moving average is $41.42. Invesco S&P International Developed Momentum ETF has a 12 month low of $34.40 and a 12 month high of $43.30.

Invesco S&P International Developed Momentum ETF 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.