Whitaker Myers Wealth Managers LTD. Buys Shares of 378,498 Invesco S&P International Developed Momentum ETF $IDMO

Whitaker Myers Wealth Managers LTD. bought a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, HoldingsChannel reports. The fund bought 378,498 shares of the company’s stock, valued at approximately $20,435,000. Invesco S&P International Developed Momentum ETF makes up about 4.5% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 8th largest holding.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC boosted its holdings 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 valued at $28,172,000 after acquiring an additional 536,064 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after purchasing an additional 440,468 shares in the last quarter. Drake & Associates LLC bought a new position in Invesco S&P International Developed Momentum ETF in the second quarter valued at about $17,250,000. Insight Wealth Strategies LLC bought a new position in Invesco S&P International Developed Momentum ETF in the third quarter valued at about $16,587,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the first quarter valued at about $11,939,000.

Invesco S&P International Developed Momentum ETF Trading Up 0.3%

NYSEARCA:IDMO opened at $56.10 on Friday. The stock’s 50-day moving average is $54.42 and its 200-day moving average is $52.91. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $56.91. The stock has a market cap of $2.15 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.