Winnacle Wealth LLC Acquires New Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Winnacle Wealth LLC bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 15,729 shares of the company’s stock, valued at approximately $960,000.

A number of other large investors also recently made changes to their positions in the company. Kinetic Wealth Investment Advisors LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the second quarter worth $2,477,000. Integrated Wealth Concepts LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 180.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 134,169 shares of the company’s stock worth $8,089,000 after purchasing an additional 86,340 shares during the period. Corient Private Wealth LP bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $505,000. Lunt Capital Management Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $904,000. Finally, Waverly Advisors LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 8,402.9% in the 2nd quarter. Waverly Advisors LLC now owns 109,942 shares of the company’s stock worth $6,628,000 after buying an additional 108,649 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Down 1.5%

Invesco S&P International Developed Momentum ETF stock opened at $59.29 on Thursday. The firm has a 50 day moving average price of $62.05 and a 200-day moving average price of $60.31. Invesco S&P International Developed Momentum ETF has a twelve month low of $52.14 and a twelve month high of $63.88. The company has a market capitalization of $4.21 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.