Embree Financial Group Acquires 17,469 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Embree Financial Group grew its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 39.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,685 shares of the company’s stock after purchasing an additional 17,469 shares during the quarter. Embree Financial Group owned approximately 0.13% of Invesco S&P International Developed Momentum ETF worth $3,428,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IDMO. Capstone Wealth Management Group LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the 1st quarter worth about $1,171,000. Creative Planning purchased a new stake in Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at about $269,000. Global Retirement Partners LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 2nd quarter worth about $232,000. Steward Partners Investment Advisory LLC grew its stake in Invesco S&P International Developed Momentum ETF by 90.0% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 23,124 shares of the company’s stock worth $1,185,000 after acquiring an additional 10,954 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 181.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after acquiring an additional 440,468 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Performance

Invesco S&P International Developed Momentum ETF stock opened at $52.95 on Monday. The company has a 50 day moving average price of $57.45 and a 200-day moving average price of $55.58. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $60.44. The company has a market capitalization of $2.68 billion, a PE 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.