Insight Wealth Strategies LLC Has $23.10 Million Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Insight Wealth Strategies LLC lifted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 385,732 shares of the company’s stock after purchasing an additional 17,222 shares during the period. Invesco S&P International Developed Momentum ETF accounts for approximately 2.2% of Insight Wealth Strategies LLC’s holdings, making the stock its 13th largest holding. Insight Wealth Strategies LLC owned about 0.59% of Invesco S&P International Developed Momentum ETF worth $23,098,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P International Developed Momentum ETF by 130.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock valued at $85,022,000 after purchasing an additional 891,210 shares during the last quarter. SHP Wealth Management bought a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter worth about $47,926,000. Great Valley Advisor Group Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF by 135.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after buying an additional 755,465 shares during the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after buying an additional 677,990 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% during the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after buying an additional 536,064 shares during the period.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO stock opened at $62.45 on Wednesday. The stock has a market cap of $4.21 billion, a PE ratio of 18.41 and a beta of 0.80. The stock has a 50-day moving average of $60.11 and a 200-day moving average of $58.87. Invesco S&P International Developed Momentum ETF has a one year low of $51.91 and a one year high of $62.99.

About Invesco S&P International Developed Momentum ETF

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.