Kingsview Wealth Management LLC Increases Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Kingsview Wealth Management LLC boosted its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 1,080.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 128,771 shares of the company’s stock after buying an additional 117,861 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $6,952,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Jane Street Group LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% in the 2nd 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 during the period. RFG Advisory LLC boosted its position in shares of 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 acquiring an additional 481,399 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P International Developed Momentum ETF by 181.2% in the second 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 during the period. Adamsbrown Wealth Consultants LLC increased its position in Invesco S&P International Developed Momentum ETF by 776.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after purchasing an additional 431,622 shares during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. acquired a new position in Invesco S&P International Developed Momentum ETF during the third quarter worth approximately $20,435,000.

Invesco S&P International Developed Momentum ETF Stock Down 1.3%

NYSEARCA:IDMO opened at $59.14 on Tuesday. The company has a market cap of $3.00 billion, a P/E ratio of 18.41 and a beta of 0.80. The firm’s 50 day moving average is $57.78 and its two-hundred day moving average is $55.23. 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.

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.