9,050 Shares in Invesco S&P International Developed Momentum ETF $IDMO Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC purchased 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 purchased 9,050 shares of the company’s stock, valued at approximately $489,000.

Several other hedge funds have also bought and sold shares of IDMO. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 181.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after purchasing an additional 440,468 shares during the period. Jane Street Group LLC boosted its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% during the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after buying an additional 536,064 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in Invesco S&P International Developed Momentum ETF by 2.4% during the second quarter. Great Valley Advisor Group Inc. now owns 542,290 shares of the company’s stock valued at $27,787,000 after buying an additional 12,759 shares during the period. Adamsbrown Wealth Consultants LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 776.3% in the third quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock valued at $26,305,000 after buying an additional 431,622 shares in the last quarter. Finally, Equitable Holdings Inc. increased its holdings in Invesco S&P International Developed Momentum ETF by 30.4% in the second quarter. Equitable Holdings Inc. now owns 476,065 shares of the company’s stock valued at $24,394,000 after buying an additional 111,019 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 1.0%

IDMO stock opened at $58.35 on Tuesday. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $58.92. The firm has a market cap of $2.88 billion, a P/E ratio of 18.41 and a beta of 0.80. The company’s 50-day simple moving average is $56.22 and its 200-day simple moving average is $54.19.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.