Modern Wealth Management LLC Acquires 9,555 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Modern Wealth Management LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 4.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 208,279 shares of the company’s stock after buying an additional 9,555 shares during the period. Modern Wealth Management LLC owned approximately 0.54% of Invesco S&P International Developed Momentum ETF worth $11,245,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of IDMO. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 181.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after acquiring an additional 440,468 shares during the period. Jane Street Group LLC lifted its position in Invesco S&P International Developed Momentum ETF by 3,902.6% in the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after acquiring an additional 536,064 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in Invesco S&P International Developed Momentum ETF by 2.4% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 542,290 shares of the company’s stock worth $27,787,000 after purchasing an additional 12,759 shares during the period. RFG Advisory LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 3,550.9% in the 3rd quarter. RFG Advisory LLC now owns 494,956 shares of the company’s stock worth $26,723,000 after purchasing an additional 481,399 shares during the period. Finally, Adamsbrown Wealth Consultants LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 776.3% during the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after purchasing an additional 431,622 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $56.45 on Friday. The stock has a market capitalization of $2.86 billion, a P/E ratio of 18.41 and a beta of 0.80. The business has a 50-day moving average of $57.88 and a 200-day moving average of $55.32. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $60.44.

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