Cyr Financial Inc. Makes New $5.30 Million Investment in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Cyr Financial Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 130,289 shares of the company’s stock, valued at approximately $5,295,000. Invesco S&P International Developed Momentum ETF comprises approximately 4.8% of Cyr Financial Inc.’s portfolio, making the stock its 10th largest holding. Cyr Financial Inc. owned about 2.80% of Invesco S&P International Developed Momentum ETF at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IDMO. MML Investors Services LLC raised its position in Invesco S&P International Developed Momentum ETF by 58.4% during the 3rd quarter. MML Investors Services LLC now owns 176,640 shares of the company’s stock valued at $7,433,000 after purchasing an additional 65,146 shares in the last quarter. Fischer Investment Strategies LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $6,931,000. Systelligence LLC grew its stake in Invesco S&P International Developed Momentum ETF by 0.3% during the 3rd quarter. Systelligence LLC now owns 153,943 shares of the company’s stock worth $6,478,000 after buying an additional 453 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in Invesco S&P International Developed Momentum ETF by 69.2% in the third quarter. Redhawk Wealth Advisors Inc. now owns 125,194 shares of the company’s stock valued at $5,268,000 after buying an additional 51,217 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Invesco S&P International Developed Momentum ETF by 69.1% in the third quarter. Jane Street Group LLC now owns 110,020 shares of the company’s stock worth $4,630,000 after acquiring an additional 44,972 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 1.1 %

IDMO stock opened at $43.10 on Friday. The stock has a market capitalization of $200.42 million, a PE ratio of 14.20 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 $43.62. The firm has a 50 day moving average of $41.75 and a 200 day moving average of $41.61.

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.