Embree Financial Group increased its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 131.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,783 shares of the company’s stock after purchasing an additional 22,009 shares during the quarter. Embree Financial Group owned 0.17% of Invesco S&P International Developed Momentum ETF worth $1,987,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legend Financial Advisors Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF by 11.3% during the 2nd quarter. Legend Financial Advisors Inc. now owns 117,485 shares of the company’s stock valued at $6,020,000 after acquiring an additional 11,942 shares during the period. Perigon Wealth Management LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter worth approximately $392,000. StoneCrest Wealth Management Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter worth about $8,223,000. Armstrong Advisory Group Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF in the second quarter valued at approximately $76,000. Finally, Southland Equity Partners LLC grew its stake in shares of Invesco S&P International Developed Momentum ETF by 4.5% during the second quarter. Southland Equity Partners LLC now owns 18,131 shares of the company’s stock worth $929,000 after purchasing an additional 788 shares in the last quarter.
Invesco S&P International Developed Momentum ETF Price Performance
Shares of NYSEARCA IDMO opened at $52.89 on Friday. The business has a 50-day moving average of $52.57 and a two-hundred day moving average of $49.22. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 18.41 and a beta of 0.78. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $54.06.
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.
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