Invesco S&P International Developed Momentum ETF $IDMO Shares Purchased by Meriwether Wealth & Planning LLC

Meriwether Wealth & Planning LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 46.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 30,821 shares of the company’s stock after acquiring an additional 9,763 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises approximately 1.0% of Meriwether Wealth & Planning LLC’s holdings, making the stock its 18th largest position. Meriwether Wealth & Planning LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,713,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Capstone Wealth Management Group LLC acquired a new stake in Invesco S&P International Developed Momentum ETF in the first quarter worth about $1,171,000. Creative Planning bought a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at about $269,000. Global Retirement Partners LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $232,000. Steward Partners Investment Advisory LLC increased its stake in Invesco S&P International Developed Momentum ETF by 90.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 23,124 shares of the company’s stock valued at $1,185,000 after buying an additional 10,954 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P International Developed Momentum ETF by 181.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after buying an additional 440,468 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA:IDMO opened at $52.95 on Monday. The company has a 50 day moving average of $57.45 and a 200-day moving average of $55.58. The firm has a market cap of $2.68 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $38.35 and a twelve month high of $60.44.

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.