Steelhead Wealth Management LLC Acquires New Stake in Invesco S&P International Developed Momentum ETF $IDMO

Steelhead Wealth Management LLC acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 19,980 shares of the company’s stock, valued at approximately $1,095,000.

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

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $60.67 on Monday. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The firm has a 50-day moving average of $59.85 and a two-hundred day moving average of $58.62. Invesco S&P International Developed Momentum ETF has a 1 year low of $50.21 and a 1 year high of $62.20.

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.