Invesco S&P International Developed Momentum ETF $IDMO is Adamsbrown Wealth Consultants LLC’s 4th Largest Position

Adamsbrown Wealth Consultants LLC grew its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 776.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 487,224 shares of the company’s stock after purchasing an additional 431,622 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for about 7.2% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 4th biggest holding. Adamsbrown Wealth Consultants LLC owned about 1.27% of Invesco S&P International Developed Momentum ETF worth $26,305,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IDMO. Jane Street Group LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% in the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after acquiring an additional 536,064 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock valued at $35,025,000 after purchasing an additional 440,468 shares in the last quarter. Whitaker Myers Wealth Managers LTD. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $20,435,000. Drake & Associates LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $17,250,000. Finally, Rooted Wealth Advisors Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $17,210,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $58.80 on Wednesday. The firm has a market capitalization of $2.83 billion, a PE ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $58.88. The stock’s 50-day simple moving average is $55.77 and its 200-day simple moving average is $53.98.

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.