Brookstone Capital Management Acquires 136,967 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Brookstone Capital Management boosted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 142.9% in the first quarter, Holdings Channel.com reports. The fund owned 232,809 shares of the company’s stock after acquiring an additional 136,967 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P International Developed Momentum ETF were worth $12,767,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Capstone Wealth Management Group LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth $1,171,000. Creative Planning purchased a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $269,000. CW Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $226,000. Raymond James Financial Inc. lifted its holdings in Invesco S&P International Developed Momentum ETF by 65.9% during the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock valued at $11,482,000 after buying an additional 88,971 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $366,000.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $61.79 on Tuesday. The stock has a market cap of $3.73 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The firm has a 50-day moving average of $59.65 and a two-hundred day moving average of $57.83. Invesco S&P International Developed Momentum ETF has a 1 year low of $48.79 and a 1 year high of $62.20.

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