Arizona PSPRS Trust Makes New $959,000 Investment in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Arizona PSPRS Trust acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,800 shares of the company’s stock, valued at approximately $959,000. Arizona PSPRS Trust owned 0.49% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in IDMO. ICA Group Wealth Management LLC lifted its holdings in 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 valued at $41,000 after acquiring an additional 680 shares during the period. Crewe Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the third quarter valued at approximately $107,000. Key Client Fiduciary Advisors LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the second quarter worth approximately $227,000. Main Street Financial Solutions LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $238,000. Finally, Cetera Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the first quarter worth about $239,000.

Invesco S&P International Developed Momentum ETF Trading Up 1.5 %

Shares of IDMO stock opened at $42.45 on Monday. Invesco S&P International Developed Momentum ETF has a 52 week low of $35.35 and a 52 week high of $43.30. The company has a market cap of $197.39 million, a PE ratio of 14.20 and a beta of 0.84. The company’s fifty day simple moving average is $41.71 and its 200-day simple moving average is $41.51.

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.