Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by WESPAC Advisors LLC

WESPAC Advisors LLC increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 211.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 41,324 shares of the company’s stock after purchasing an additional 28,053 shares during the period. Invesco S&P International Developed Momentum ETF comprises approximately 1.3% of WESPAC Advisors LLC’s holdings, making the stock its 13th largest position. WESPAC Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,231,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in IDMO. Titleist Asset Management LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 1.1% in the second quarter. Titleist Asset Management LLC now owns 125,711 shares of the company’s stock valued at $6,441,000 after buying an additional 1,313 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Invesco S&P International Developed Momentum ETF by 77.5% in the second quarter. Janney Montgomery Scott LLC now owns 42,970 shares of the company’s stock worth $2,202,000 after acquiring an additional 18,762 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF in the second quarter valued at $127,000. Commonwealth Equity Services LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF by 72.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 266,857 shares of the company’s stock worth $14,408,000 after purchasing an additional 112,176 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $20,435,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.3%

Shares of IDMO opened at $57.06 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $57.25. The company has a 50-day simple moving average of $55.16 and a 200-day simple moving average of $53.52. The company has a market capitalization of $2.64 billion, a PE ratio of 18.41 and a beta of 0.80.

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.