17,378 Shares in Invesco S&P International Developed Momentum ETF $IDMO Acquired by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,378 shares of the company’s stock, valued at approximately $938,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $25,000. WPG Advisers LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the third quarter valued at $55,000. Private Trust Co. NA boosted its stake in Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after acquiring an additional 553 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 104.1% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,000 shares of the company’s stock worth $102,000 after purchasing an additional 1,020 shares during the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the second quarter worth about $127,000.

Invesco S&P International Developed Momentum ETF Stock Up 0.6%

NYSEARCA:IDMO opened at $57.80 on Tuesday. The stock’s 50 day moving average price is $55.66 and its 200 day moving average price is $53.92. The company has a market capitalization of $2.79 billion, a PE ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $58.02.

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.