Continuum Advisory LLC Acquires 14,994 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Continuum Advisory LLC lifted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 199.3% in the first quarter, HoldingsChannel.com reports. The fund owned 22,519 shares of the company’s stock after acquiring an additional 14,994 shares during the period. Continuum Advisory LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,235,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Apollon Wealth Management LLC grew its stake in Invesco S&P International Developed Momentum ETF by 8.5% in the 1st quarter. Apollon Wealth Management LLC now owns 28,258 shares of the company’s stock valued at $1,550,000 after purchasing an additional 2,225 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 67.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 211,304 shares of the company’s stock worth $11,588,000 after purchasing an additional 85,278 shares during the period. Harbor Asset Planning Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 1st quarter worth $41,000. Welch Financial Planning LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 21.4% during the 1st quarter. Welch Financial Planning LLC now owns 106,162 shares of the company’s stock worth $5,822,000 after purchasing an additional 18,734 shares during the period. Finally, Rooted Wealth Advisors Inc. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 12.6% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 379,170 shares of the company’s stock worth $22,625,000 after buying an additional 42,445 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO opened at $59.88 on Tuesday. The firm has a market cap of $3.61 billion, a P/E ratio of 18.41 and a beta of 0.80. The firm has a 50-day moving average of $59.67 and a 200 day moving average of $58.00. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $50.20 and a fifty-two week high of $62.20.

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.