Invesco S&P International Developed Momentum ETF $IDMO Stock: Kestra Advisory Services LLC Boosts Stake

Kestra Advisory Services LLC lifted its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 10.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 380,708 shares of the company’s stock after purchasing an additional 35,770 shares during the quarter. Kestra Advisory Services LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $23,238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IDMO. Commonwealth Equity Services LLC bought a new position in Invesco S&P International Developed Momentum ETF during the third quarter valued at $47,606,000. Lunt Capital Management Inc. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 1.8% in the 3rd quarter. Lunt Capital Management Inc. now owns 15,275 shares of the company’s stock worth $932,000 after buying an additional 275 shares in the last quarter. Summit Wealth Group LLC Co. purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth $730,000. Vise Technologies Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth $890,000. Finally, Founders Financial Securities LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $3,769,000.

Invesco S&P International Developed Momentum ETF Stock Up 0.1%

Invesco S&P International Developed Momentum ETF stock opened at $55.60 on Friday. The company’s 50-day moving average price is $60.49 and its 200-day moving average price is $59.50. The company has a market cap of $3.98 billion, a PE ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a twelve month low of $52.14 and a twelve month high of $63.88.

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.