Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Welch Financial Planning LLC

Welch Financial Planning LLC raised its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 21.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 106,162 shares of the company’s stock after buying an additional 18,734 shares during the period. Invesco S&P International Developed Momentum ETF makes up 4.2% of Welch Financial Planning LLC’s portfolio, making the stock its 9th biggest holding. Welch Financial Planning LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $5,822,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IDMO. Embree Financial Group increased its stake in shares of Invesco S&P International Developed Momentum ETF by 39.5% in the fourth quarter. Embree Financial Group now owns 61,685 shares of the company’s stock valued at $3,428,000 after buying an additional 17,469 shares during the period. Foresight Capital Management Advisors Inc. boosted its position in Invesco S&P International Developed Momentum ETF by 112.5% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after buying an additional 52,469 shares during the period. ORG Partners LLC boosted its position in Invesco S&P International Developed Momentum ETF by 12.0% during the 4th quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock worth $10,853,000 after buying an additional 20,904 shares during the period. Perigon Wealth Management LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 79.8% during the 4th quarter. Perigon Wealth Management LLC now owns 34,793 shares of the company’s stock worth $1,933,000 after acquiring an additional 15,443 shares during the last quarter. Finally, Triad Wealth Partners LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the 4th quarter worth approximately $498,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $59.60 on Friday. The firm has a 50 day moving average price of $59.66 and a two-hundred day moving average price of $57.95. The stock has a market cap of $3.60 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 $50.20 and a 52-week 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.