Thrivent Financial for Lutherans Acquires 553 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Thrivent Financial for Lutherans lifted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 9.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,144 shares of the company’s stock after acquiring an additional 553 shares during the period. Thrivent Financial for Lutherans owned approximately 0.13% of Invesco S&P International Developed Momentum ETF worth $259,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. ICA Group Wealth Management LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 214.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock worth $41,000 after purchasing an additional 680 shares during the period. Key Client Fiduciary Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $227,000. Main Street Financial Solutions LLC purchased a new position in Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $238,000. Cetera Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter worth approximately $239,000. Finally, MONECO Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth approximately $246,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $43.20 on Friday. The firm has a market capitalization of $200.88 million, a P/E ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a one year low of $35.50 and a one year high of $43.62. The company has a fifty day moving average price of $41.80 and a 200-day moving average price of $41.57.

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.