TruWealth Advisors LLC Purchases 37,817 Shares of Invesco S&P International Developed Momentum ETF $IDMO

TruWealth Advisors LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 62.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 98,321 shares of the company’s stock after purchasing an additional 37,817 shares during the quarter. TruWealth Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $5,464,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of IDMO. Triumph Capital Management purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth about $25,000. Bessemer Group Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth approximately $29,000. WPG Advisers LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $55,000. JPMorgan Chase & Co. increased its position in shares of 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 valued at $69,000 after acquiring an additional 1,134 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $71,000.

Invesco S&P International Developed Momentum ETF Stock Down 4.0%

Shares of NYSEARCA IDMO opened at $52.98 on Friday. The firm has a market cap of $2.68 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $38.35 and a twelve month high of $60.44. The company has a 50 day moving average of $57.77 and a 200 day moving average of $55.51.

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.