McIlrath & Eck LLC Acquires 31,925 Shares of Invesco S&P International Developed Momentum ETF $IDMO

McIlrath & Eck LLC raised its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 388,324 shares of the company’s stock after acquiring an additional 31,925 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises approximately 2.2% of McIlrath & Eck LLC’s holdings, making the stock its 14th largest position. McIlrath & Eck LLC owned about 1.03% of Invesco S&P International Developed Momentum ETF worth $20,966,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock valued at $35,025,000 after purchasing an additional 440,468 shares during the last quarter. Jane Street Group LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% during the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after buying an additional 536,064 shares in the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 2.4% in the second quarter. Great Valley Advisor Group Inc. now owns 542,290 shares of the company’s stock worth $27,787,000 after buying an additional 12,759 shares during the last quarter. Equitable Holdings Inc. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 30.4% in the second quarter. Equitable Holdings Inc. now owns 476,065 shares of the company’s stock worth $24,394,000 after buying an additional 111,019 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 23.5% during the 3rd quarter. CWM LLC now owns 416,882 shares of the company’s stock worth $22,507,000 after acquiring an additional 79,410 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $56.85 on Wednesday. The business’s 50-day simple moving average is $54.86 and its 200-day simple moving average is $53.29. Invesco S&P International Developed Momentum ETF has a 52 week low of $38.35 and a 52 week high of $57.21. The firm has a market cap of $2.44 billion, a price-to-earnings 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.