Invesco S&P International Developed Momentum ETF $IDMO Stock Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC cut its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 17.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,800 shares of the company’s stock after selling 9,580 shares during the period. Tempus Wealth Planning LLC owned 0.07% of Invesco S&P International Developed Momentum ETF worth $2,857,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. SHP Wealth Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at approximately $47,926,000. Cetera Investment Advisers increased its stake in shares of Invesco S&P International Developed Momentum ETF by 33.2% during the first quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock worth $115,078,000 after purchasing an additional 523,230 shares during the period. Planning Alternatives Ltd. ADV bought a new position in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth approximately $26,486,000. Gratus Wealth Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter worth approximately $25,052,000. Finally, Bank of America Corp DE lifted its holdings in Invesco S&P International Developed Momentum ETF by 495.9% during the 1st quarter. Bank of America Corp DE now owns 535,605 shares of the company’s stock worth $29,373,000 after purchasing an additional 445,719 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO traded down $0.91 during trading on Wednesday, hitting $59.29. The stock had a trading volume of 442,772 shares, compared to its average volume of 440,104. The company has a 50 day moving average price of $62.10 and a 200-day moving average price of $60.26. The firm has a market cap of $4.21 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a one year low of $52.14 and a one year 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.