Invesco S&P International Developed Momentum ETF $IDMO Stock Holdings Raised by StoneCrest Wealth Management Inc.

StoneCrest Wealth Management Inc. increased its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 222,178 shares of the company’s stock after purchasing an additional 16,225 shares during the period. Invesco S&P International Developed Momentum ETF makes up approximately 5.0% of StoneCrest Wealth Management Inc.’s holdings, making the stock its 3rd biggest holding. StoneCrest Wealth Management Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $12,346,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $25,000. Bessemer Group Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $29,000. WPG Advisers LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth $55,000. JPMorgan Chase & Co. boosted its position in Invesco S&P International Developed Momentum ETF by 756.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after buying an additional 1,134 shares during the last quarter. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at about $71,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $55.88 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 firm has a market cap of $2.83 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The stock’s 50-day simple moving average is $57.29 and its 200-day simple moving average is $55.59.

Invesco S&P International Developed Momentum ETF 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.