Invesco S&P International Developed Momentum ETF $IDMO Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC lessened its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 88.0% during the first quarter, HoldingsChannel reports. The institutional investor owned 13,050 shares of the company’s stock after selling 95,536 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in IDMO. LPL Financial LLC lifted its stake in Invesco S&P International Developed Momentum ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock valued at $252,819,000 after buying an additional 677,990 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Invesco S&P International Developed Momentum ETF by 33.2% during the first quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock worth $115,078,000 after acquiring an additional 523,230 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P International Developed Momentum ETF by 25.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after acquiring an additional 398,485 shares during the last quarter. Great Valley Advisor Group Inc. increased 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 valued at $72,936,000 after acquiring an additional 755,465 shares during the period. Finally, SHP Wealth Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at $47,926,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $61.20 on Tuesday. The company has a fifty day moving average price of $59.88 and a 200 day moving average price of $58.64. Invesco S&P International Developed Momentum ETF has a 12 month low of $51.18 and a 12 month high of $62.20. The company has a market cap of $4.13 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.