Waverly Advisors LLC Has $6.63 Million Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Waverly Advisors LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 8,402.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,942 shares of the company’s stock after buying an additional 108,649 shares during the period. Waverly Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $6,628,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Capstone Wealth Management Group LLC bought a new position in Invesco S&P International Developed Momentum ETF in the first quarter worth approximately $1,171,000. Creative Planning bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $269,000. CW Advisors LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter worth approximately $226,000. Raymond James Financial Inc. raised its position in shares of Invesco S&P International Developed Momentum ETF by 65.9% during the second quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares during the period. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth $366,000.

Invesco S&P International Developed Momentum ETF Trading Down 1.1%

NYSEARCA IDMO opened at $62.26 on Friday. The company has a fifty day simple moving average of $61.45 and a 200 day simple moving average of $59.55. Invesco S&P International Developed Momentum ETF has a 12-month low of $52.14 and a 12-month high of $63.88. The company has a market cap of $4.20 billion, a P/E 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.