Integrated Wealth Concepts LLC Acquires 86,340 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Integrated Wealth Concepts LLC raised its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 180.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 134,169 shares of the company’s stock after buying an additional 86,340 shares during the period. Integrated Wealth Concepts LLC owned 0.20% of Invesco S&P International Developed Momentum ETF worth $8,089,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IDMO. Triumph Capital Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth about $25,000. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at about $41,000. Bessemer Group Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF by 90.6% in the first quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock valued at $55,000 after acquiring an additional 480 shares during the last quarter. Clarity Asset Management Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $62,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after acquiring an additional 361 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $62.26 on Friday. The stock has a 50 day moving average price of $61.45 and a 200 day moving average price of $59.55. Invesco S&P International Developed Momentum ETF has a 52 week low of $52.14 and a 52 week high of $63.88. The stock has a market capitalization of $4.20 billion, a PE ratio of 18.41 and a beta of 0.79.

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.