Rooted Wealth Advisors Inc. Has $19.62 Million Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Rooted Wealth Advisors Inc. increased its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 6.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 336,725 shares of the company’s stock after purchasing an additional 20,071 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for 5.5% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Rooted Wealth Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $19,621,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IDMO. Triumph Capital Management bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $25,000. Bessemer Group Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $29,000. Creative Financial Designs Inc. ADV raised its stake in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after buying an additional 361 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after buying an additional 1,134 shares during the last quarter. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $71,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $59.75 on Monday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81. The firm has a 50 day simple moving average of $57.73 and a 200 day simple moving average of $56.94. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $48.68 and a fifty-two week high of $61.17.

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.