USAdvisors Wealth Management LLC lifted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 15.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 143,060 shares of the company’s stock after acquiring an additional 19,529 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up approximately 2.5% of USAdvisors Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. USAdvisors Wealth Management LLC owned approximately 0.20% of Invesco S&P International Developed Momentum ETF worth $8,732,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers boosted its position in 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 valued at $115,078,000 after purchasing an additional 523,230 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Invesco S&P International Developed Momentum ETF by 12.2% in the second quarter. Envestnet Asset Management Inc. now owns 628,079 shares of the company’s stock valued at $37,867,000 after purchasing an additional 68,164 shares in the last quarter. Adamsbrown Wealth Consultants LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 5.1% during the 2nd quarter. Adamsbrown Wealth Consultants LLC now owns 624,654 shares of the company’s stock worth $37,660,000 after purchasing an additional 30,045 shares during the last quarter. RFG Advisory LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 2.3% during the 1st quarter. RFG Advisory LLC now owns 570,425 shares of the company’s stock worth $31,282,000 after purchasing an additional 12,606 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Invesco S&P International Developed Momentum ETF by 495.9% during the 1st quarter. Bank of America Corp DE now owns 535,605 shares of the company’s stock worth $29,373,000 after purchasing an additional 445,719 shares during the last quarter.
Invesco S&P International Developed Momentum ETF Stock Up 1.0%
Shares of Invesco S&P International Developed Momentum ETF stock opened at $59.46 on Thursday. Invesco S&P International Developed Momentum ETF has a 12-month low of $52.14 and a 12-month high of $63.88. The stock has a market cap of $4.22 billion, a P/E ratio of 18.41 and a beta of 0.80. The business’s 50 day moving average is $61.70 and its 200-day moving average is $60.46.
Invesco S&P International Developed Momentum ETF 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.
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