Earned Wealth Advisors LLC Invests $912,000 in Invesco S&P International Developed Momentum ETF $IDMO

Earned Wealth Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 16,412 shares of the company’s stock, valued at approximately $912,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Triumph Capital Management purchased a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $25,000. Bessemer Group Inc. purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter valued at approximately $29,000. WPG Advisers LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $55,000. JPMorgan Chase & Co. raised its holdings in Invesco S&P International Developed Momentum ETF by 756.0% during the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after purchasing an additional 1,134 shares in the last quarter. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $71,000.

Invesco S&P International Developed Momentum ETF Trading Down 0.8%

Shares of Invesco S&P International Developed Momentum ETF stock opened at $59.67 on Tuesday. The company has a fifty day simple moving average of $57.39 and a 200-day simple moving average of $56.04. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a 12-month low of $44.03 and a 12-month high of $60.65.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.