Greenline Wealth Management LLC Buys 13,713 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Greenline Wealth Management LLC boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 24.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,387 shares of the company’s stock after acquiring an additional 13,713 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 4.5% of Greenline Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Greenline Wealth Management LLC owned about 0.12% of Invesco S&P International Developed Momentum ETF worth $3,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Embree Financial Group boosted 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 worth $3,428,000 after buying an additional 17,469 shares during the last quarter. ORG Partners LLC raised its position in Invesco S&P International Developed Momentum ETF by 12.0% during the fourth quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock valued at $10,853,000 after acquiring an additional 20,904 shares in the last quarter. Foresight Capital Management Advisors Inc. lifted its holdings in Invesco S&P International Developed Momentum ETF by 112.5% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock valued at $5,507,000 after acquiring an additional 52,469 shares during the period. Triad Wealth Partners LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at approximately $498,000. Finally, Welch Financial Planning LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the 4th quarter worth approximately $4,858,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA IDMO opened at $59.45 on Friday. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 12 month low of $50.21 and a 12 month high of $62.20. The firm’s 50 day simple moving average is $59.80 and its 200-day simple moving average is $58.50.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.