IFC & Insurance Marketing Inc. Grows Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

IFC & Insurance Marketing Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 8.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 151,715 shares of the company’s stock after acquiring an additional 11,487 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up 8.1% of IFC & Insurance Marketing Inc.’s portfolio, making the stock its 2nd largest holding. IFC & Insurance Marketing Inc. owned 0.23% of Invesco S&P International Developed Momentum ETF worth $9,147,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IDMO. Urban Wealth Management LLC increased its stake in shares of Invesco S&P International Developed Momentum ETF by 0.3% in the 1st quarter. Urban Wealth Management LLC now owns 81,751 shares of the company’s stock worth $4,483,000 after purchasing an additional 209 shares in the last quarter. Walled Lake Planning & Wealth Management LLC lifted its position in Invesco S&P International Developed Momentum ETF by 2.2% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 10,764 shares of the company’s stock valued at $598,000 after purchasing an additional 229 shares in the last quarter. HBW Advisory Services LLC lifted its position in Invesco S&P International Developed Momentum ETF by 7.8% during the fourth quarter. HBW Advisory Services LLC now owns 4,187 shares of the company’s stock valued at $233,000 after purchasing an additional 302 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after purchasing an additional 361 shares during the period. Finally, Segment Wealth Management LLC increased its position in Invesco S&P International Developed Momentum ETF by 6.7% in the fourth quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock worth $344,000 after buying an additional 390 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

NYSEARCA IDMO opened at $62.74 on Monday. Invesco S&P International Developed Momentum ETF has a 52 week low of $51.91 and a 52 week high of $62.99. The company has a market capitalization of $4.23 billion, a P/E ratio of 18.41 and a beta of 0.80. The stock’s 50-day moving average price is $60.02 and its 200-day moving average price is $58.79.

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.