WJ Wealth Management LLC Boosts Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

WJ Wealth Management LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 107.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,026 shares of the company’s stock after buying an additional 54,438 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up about 2.4% of WJ Wealth Management LLC’s holdings, making the stock its 16th largest position. WJ Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $5,662,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IDMO. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P International Developed Momentum ETF by 130.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock valued at $85,022,000 after buying an additional 891,210 shares during the period. Jane Street Group LLC grew its stake in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% during the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after acquiring an additional 536,064 shares during the period. Citadel Advisors LLC grew its stake in shares of Invesco S&P International Developed Momentum ETF by 1,594.2% during the 3rd quarter. Citadel Advisors LLC now owns 544,519 shares of the company’s stock worth $29,399,000 after acquiring an additional 512,378 shares during the period. RFG Advisory LLC increased its holdings 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 acquiring an additional 481,399 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 776.3% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after acquiring an additional 431,622 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $56.43 on Wednesday. The stock has a market capitalization of $2.86 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $60.44. The stock’s 50-day simple moving average is $57.90 and its 200 day simple moving average is $55.52.

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.