Valued Retirements Inc. Grows Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Valued Retirements Inc. increased its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 191.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 13,875 shares of the company’s stock after purchasing an additional 9,110 shares during the period. Valued Retirements Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IDMO. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock valued at $35,025,000 after buying an additional 440,468 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 131.9% in the second quarter. Envestnet Asset Management Inc. now owns 339,277 shares of the company’s stock valued at $17,385,000 after acquiring an additional 192,944 shares in the last quarter. CWM LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 16.0% in the second quarter. CWM LLC now owns 337,472 shares of the company’s stock valued at $17,292,000 after acquiring an additional 46,538 shares in the last quarter. Drake & Associates LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter worth about $17,250,000. Finally, Cetera Investment Advisers increased its stake in shares of Invesco S&P International Developed Momentum ETF by 208.0% during the second quarter. Cetera Investment Advisers now owns 330,060 shares of the company’s stock worth $16,912,000 after acquiring an additional 222,913 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Up 0.5%

Shares of NYSEARCA:IDMO opened at $54.54 on Monday. The company has a market cap of $2.09 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 $38.35 and a 52 week high of $55.44. The company has a 50-day moving average price of $53.70 and a 200 day moving average price of $52.17.

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.