Insight Wealth Strategies LLC Invests $16.59 Million in Invesco S&P International Developed Momentum ETF $IDMO

Insight Wealth Strategies LLC acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 307,218 shares of the company’s stock, valued at approximately $16,587,000. Invesco S&P International Developed Momentum ETF accounts for 2.0% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 14th largest holding. Insight Wealth Strategies LLC owned approximately 0.87% of Invesco S&P International Developed Momentum ETF as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Titleist Asset Management LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 1.1% in the 2nd quarter. Titleist Asset Management LLC now owns 125,711 shares of the company’s stock worth $6,441,000 after acquiring an additional 1,313 shares during the period. Farther Finance Advisors LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the second quarter worth $127,000. Janney Montgomery Scott LLC boosted its position in Invesco S&P International Developed Momentum ETF by 77.5% during the second quarter. Janney Montgomery Scott LLC now owns 42,970 shares of the company’s stock worth $2,202,000 after purchasing an additional 18,762 shares in the last quarter. Embree Financial Group grew its holdings in Invesco S&P International Developed Momentum ETF by 131.2% in the second quarter. Embree Financial Group now owns 38,783 shares of the company’s stock valued at $1,987,000 after purchasing an additional 22,009 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in Invesco S&P International Developed Momentum ETF by 31.6% in the second quarter. Truist Financial Corp now owns 7,928 shares of the company’s stock valued at $406,000 after purchasing an additional 1,904 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 0.4%

Shares of IDMO stock opened at $56.04 on Tuesday. The stock has a market cap of $2.15 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $56.29. The business has a fifty day simple moving average of $54.01 and a 200-day simple moving average of $52.63.

Invesco S&P International Developed Momentum ETF 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.