Titleist Asset Management LLC Takes $5.04 Million Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Titleist Asset Management LLC purchased a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 123,958 shares of the company’s stock, valued at approximately $5,038,000. Titleist Asset Management LLC owned about 2.67% of Invesco S&P International Developed Momentum ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Invesco S&P International Developed Momentum ETF by 78.2% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980 shares of the company’s stock worth $40,000 after purchasing an additional 430 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at approximately $166,000. Stratos Wealth Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter worth approximately $211,000. Truist Financial Corp acquired a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter worth $231,000. Finally, Thrivent Financial for Lutherans grew its holdings in Invesco S&P International Developed Momentum ETF by 9.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,144 shares of the company’s stock valued at $259,000 after buying an additional 553 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Down 7.9 %

NYSEARCA IDMO opened at $40.38 on Friday. The business’s fifty day simple moving average is $44.00 and its 200-day simple moving average is $42.50. The firm has a market cap of $450.24 million, a PE ratio of 17.47 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a 52 week low of $36.64 and a 52 week high of $45.67.

Invesco S&P International Developed Momentum ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.2239 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.