Invesco S&P International Developed Momentum ETF $IDMO Shares Bought by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC increased its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 118.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,683 shares of the company’s stock after purchasing an additional 50,331 shares during the period. Invesco S&P International Developed Momentum ETF accounts for about 1.6% of WealthCare Investment Partners LLC’s holdings, making the stock its 14th biggest holding. WealthCare Investment Partners LLC owned approximately 0.24% of Invesco S&P International Developed Momentum ETF worth $5,016,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC grew its stake in shares of 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 buying an additional 536,064 shares in the last quarter. RFG Advisory LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 3,550.9% during the 3rd quarter. RFG Advisory LLC now owns 494,956 shares of the company’s stock valued at $26,723,000 after purchasing an additional 481,399 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco S&P International Developed Momentum ETF by 181.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after buying an additional 440,468 shares during the period. Adamsbrown Wealth Consultants LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 776.3% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after buying an additional 431,622 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. purchased a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter valued at about $20,435,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $58.35 on Tuesday. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $59.60. The stock’s 50-day simple moving average is $57.04 and its 200-day simple moving average is $54.70. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

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.