Janney Montgomery Scott LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 67.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 211,304 shares of the company’s stock after acquiring an additional 85,278 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $11,588,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of IDMO. Harbor Asset Planning Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at about $41,000. Welch Financial Planning LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 21.4% during the first quarter. Welch Financial Planning LLC now owns 106,162 shares of the company’s stock valued at $5,822,000 after purchasing an additional 18,734 shares during the period. Rooted Wealth Advisors Inc. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 12.6% in the first quarter. Rooted Wealth Advisors Inc. now owns 379,170 shares of the company’s stock worth $22,625,000 after purchasing an additional 42,445 shares during the last quarter. Meridian Financial Advisors LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 75.1% during the 1st quarter. Meridian Financial Advisors LLC now owns 10,592 shares of the company’s stock valued at $581,000 after buying an additional 4,542 shares during the last quarter. Finally, Riverstone Advisors LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 97.1% in the first quarter. Riverstone Advisors LLC now owns 50,583 shares of the company’s stock valued at $2,774,000 after acquiring an additional 24,918 shares during the period.
Invesco S&P International Developed Momentum ETF Price Performance
NYSEARCA IDMO opened at $60.17 on Friday. Invesco S&P International Developed Momentum ETF has a 1 year low of $50.21 and a 1 year high of $62.20. The stock has a market capitalization of $3.92 billion, a PE ratio of 18.41 and a beta of 0.80. The business’s 50-day moving average is $59.72 and its 200 day moving average is $58.09.
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.
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