Farther Finance Advisors LLC Buys New Shares in Invesco S&P International Developed Momentum ETF $IDMO

Farther Finance Advisors LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,472 shares of the company’s stock, valued at approximately $127,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IDMO. ORG Wealth Partners LLC bought a new position in Invesco S&P International Developed Momentum ETF in the first quarter valued at about $31,000. Valued Retirements Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth approximately $210,000. TruWealth Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the second quarter worth $392,000. Thoroughbred Financial Services LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the first quarter worth $396,000. Finally, Stratos Wealth Partners LTD. grew its stake in Invesco S&P International Developed Momentum ETF by 13.0% in the 1st quarter. Stratos Wealth Partners LTD. now owns 9,172 shares of the company’s stock valued at $405,000 after purchasing an additional 1,054 shares during the period.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $54.35 on Friday. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $54.43. The business has a fifty day moving average price of $52.87 and a two-hundred day moving average price of $49.62. The company has a market capitalization of $1.89 billion, a PE ratio of 18.41 and a beta of 0.78.

Invesco S&P International Developed Momentum ETF Company 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.