LongView Wealth Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,602 shares of the company’s stock, valued at approximately $664,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. World Investment Advisors boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 2.9% in the 3rd quarter. World Investment Advisors now owns 8,832 shares of the company’s stock worth $477,000 after purchasing an additional 252 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 2.7% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,919 shares of the company’s stock valued at $536,000 after buying an additional 259 shares in the last quarter. Advisory Services Network LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 4.3% during the 3rd quarter. Advisory Services Network LLC now owns 9,503 shares of the company’s stock valued at $513,000 after buying an additional 392 shares in the last quarter. Triumph Capital Management bought a new stake in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $25,000. Finally, Baron Wealth Management LLC lifted its position in Invesco S&P International Developed Momentum ETF by 9.6% in the 3rd quarter. Baron Wealth Management LLC now owns 5,557 shares of the company’s stock worth $300,000 after buying an additional 489 shares during the last quarter.
Invesco S&P International Developed Momentum ETF Price Performance
Shares of IDMO opened at $53.53 on Friday. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $60.44. The stock has a 50 day simple moving average of $57.53 and a two-hundred day simple moving average of $55.56. The firm has a market cap of $2.71 billion, a P/E ratio of 18.41 and a beta of 0.80.
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.
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