Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Truist Financial Corp

Truist Financial Corp raised its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 31.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,928 shares of the company’s stock after buying an additional 1,904 shares during the period. Truist Financial Corp’s holdings in Invesco S&P International Developed Momentum ETF were worth $406,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IDMO. Titleist Asset Management LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 0.4% in the 1st quarter. Titleist Asset Management LLC now owns 124,398 shares of the company’s stock valued at $5,493,000 after purchasing an additional 440 shares in the last quarter. ORG Wealth Partners LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth $31,000. Southland Equity Partners LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 4.5% during the 2nd quarter. Southland Equity Partners LLC now owns 18,131 shares of the company’s stock valued at $929,000 after buying an additional 788 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Invesco S&P International Developed Momentum ETF by 13.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 9,172 shares of the company’s stock valued at $405,000 after buying an additional 1,054 shares during the last quarter. Finally, Professional Financial Advisors LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 2.0% in the second quarter. Professional Financial Advisors LLC now owns 68,136 shares of the company’s stock valued at $3,491,000 after acquiring an additional 1,365 shares during the period.

Invesco S&P International Developed Momentum ETF Trading Up 0.0%

Shares of NYSEARCA IDMO opened at $53.23 on Friday. The stock’s 50 day simple moving average is $53.27 and its 200 day simple moving average is $50.15. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 18.41 and a beta of 0.78. Invesco S&P International Developed Momentum ETF has a 12-month low of $38.35 and a 12-month high of $54.43.

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.