Adamsbrown Wealth Consultants LLC Has $30.50 Million Stake in Invesco S&P International Developed Momentum ETF $IDMO

Adamsbrown Wealth Consultants LLC boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 548,779 shares of the company’s stock after acquiring an additional 61,555 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 8.5% of Adamsbrown Wealth Consultants LLC’s portfolio, making the stock its 3rd largest position. Adamsbrown Wealth Consultants LLC owned approximately 1.22% of Invesco S&P International Developed Momentum ETF worth $30,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in IDMO. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 130.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock worth $85,022,000 after purchasing an additional 891,210 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% during the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after purchasing an additional 536,064 shares during the last quarter. Citadel Advisors LLC grew its stake in Invesco S&P International Developed Momentum ETF by 1,594.2% in the third quarter. Citadel Advisors LLC now owns 544,519 shares of the company’s stock worth $29,399,000 after purchasing an additional 512,378 shares in the last quarter. RFG Advisory LLC grew its stake in Invesco S&P International Developed Momentum ETF by 3,550.9% in the third quarter. RFG Advisory LLC now owns 494,956 shares of the company’s stock worth $26,723,000 after purchasing an additional 481,399 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. bought a new stake in Invesco S&P International Developed Momentum ETF in the third quarter valued at about $20,435,000.

Invesco S&P International Developed Momentum ETF Stock Down 2.6%

Shares of NYSEARCA IDMO opened at $53.53 on Friday. The stock’s 50 day moving average price is $57.53 and its two-hundred day moving average price is $55.56. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $60.44. The stock has a market capitalization of $2.71 billion, a P/E ratio of 18.41 and a beta of 0.80.

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