Invesco S&P International Developed Momentum ETF $IDMO Stake Lifted by Three Cord True Wealth Management LLC

Three Cord True Wealth Management LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 6.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 290,011 shares of the company’s stock after purchasing an additional 17,686 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up about 8.8% of Three Cord True Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Three Cord True Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $15,904,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Essex Financial Services Inc. raised its position in shares of Invesco S&P International Developed Momentum ETF by 29.5% in the first quarter. Essex Financial Services Inc. now owns 17,363 shares of the company’s stock valued at $952,000 after buying an additional 3,952 shares during the last quarter. Partners Wealth Management LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the first quarter worth about $243,000. Manchester Financial Inc. grew its stake in Invesco S&P International Developed Momentum ETF by 0.6% during the 1st quarter. Manchester Financial Inc. now owns 456,012 shares of the company’s stock valued at $25,008,000 after acquiring an additional 2,937 shares in the last quarter. Next Level Private LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter valued at about $863,000. Finally, Continuum Advisory LLC grew its stake in Invesco S&P International Developed Momentum ETF by 199.3% during the 1st quarter. Continuum Advisory LLC now owns 22,519 shares of the company’s stock valued at $1,235,000 after acquiring an additional 14,994 shares in the last quarter.

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

IDMO stock opened at $60.17 on Friday. The firm has a 50-day moving average of $59.72 and a two-hundred day moving average of $58.09. Invesco S&P International Developed Momentum ETF has a 12 month low of $50.21 and a 12 month high of $62.20. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

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.