Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated lifted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,325 shares of the company’s stock after purchasing an additional 12,985 shares during the period. Silver Oak Securities Incorporated’s holdings in Invesco S&P International Developed Momentum ETF were worth $9,567,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IDMO. D Orazio & Associates Inc. increased its stake in Invesco S&P International Developed Momentum ETF by 347.3% in the 3rd quarter. D Orazio & Associates Inc. now owns 217,529 shares of the company’s stock worth $11,744,000 after purchasing an additional 168,892 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Invesco S&P International Developed Momentum ETF by 26.0% during the third quarter. Envestnet Asset Management Inc. now owns 427,428 shares of the company’s stock valued at $23,077,000 after buying an additional 88,151 shares in the last quarter. Adamsbrown Wealth Consultants LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 776.3% in the third quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after buying an additional 431,622 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 72.5% in the third quarter. Commonwealth Equity Services LLC now owns 266,857 shares of the company’s stock worth $14,408,000 after buying an additional 112,176 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth approximately $20,435,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $52.92 on Tuesday. The firm has a market capitalization 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 52-week low of $38.35 and a 52-week high of $60.44. The company’s 50 day simple moving average is $57.36 and its 200-day simple moving average is $55.58.

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.