156,456 Shares in Invesco S&P International Developed Momentum ETF $IDMO Acquired by Avid Wealth Partners LLC

Avid Wealth Partners LLC bought a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 156,456 shares of the company’s stock, valued at approximately $8,694,000. Invesco S&P International Developed Momentum ETF makes up about 4.2% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 8th biggest position. Avid Wealth Partners LLC owned 0.31% of Invesco S&P International Developed Momentum ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. LPL Financial LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after purchasing an additional 677,990 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 25.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after purchasing an additional 398,485 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 135.6% in the 4th quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after purchasing an additional 755,465 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 84.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 661,999 shares of the company’s stock worth $36,787,000 after purchasing an additional 303,300 shares in the last quarter. Finally, Equitable Holdings Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 18.2% in the 3rd quarter. Equitable Holdings Inc. now owns 562,832 shares of the company’s stock worth $30,387,000 after purchasing an additional 86,767 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

NYSEARCA IDMO opened at $59.81 on Friday. The company’s 50 day simple moving average is $59.13 and its 200 day simple moving average is $57.49. Invesco S&P International Developed Momentum ETF has a 12 month low of $48.79 and a 12 month high of $61.17. The company has a market capitalization of $3.61 billion, a P/E 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.