Invesco S&P International Developed Momentum ETF $IDMO Shares Newly Purchased by Wavvest Wealth LLC

Wavvest Wealth LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,520 shares of the company’s stock, valued at approximately $1,130,000.

Several other hedge funds also recently made changes to their positions in IDMO. Urban Wealth Management LLC raised its position in shares of Invesco S&P International Developed Momentum ETF by 0.3% in the first quarter. Urban Wealth Management LLC now owns 81,751 shares of the company’s stock valued at $4,483,000 after buying an additional 209 shares in the last quarter. Signet Private Wealth LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 6.2% in the first quarter. Signet Private Wealth LLC now owns 6,676 shares of the company’s stock valued at $366,000 after buying an additional 390 shares during the period. Bessemer Group Inc. boosted its stake 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 buying an additional 480 shares during the period. Integrated Advisors Network LLC grew its position in Invesco S&P International Developed Momentum ETF by 7.5% during the third quarter. Integrated Advisors Network LLC now owns 8,220 shares of the company’s stock worth $502,000 after buying an additional 570 shares in the last quarter. Finally, TD Waterhouse Canada Inc. grew its position in Invesco S&P International Developed Momentum ETF by 7.5% during the third quarter. TD Waterhouse Canada Inc. now owns 8,678 shares of the company’s stock worth $535,000 after buying an additional 605 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $59.46 on Thursday. The business’s 50 day simple moving average is $61.70 and its 200 day simple moving average is $60.46. Invesco S&P International Developed Momentum ETF has a 1 year low of $52.14 and a 1 year high of $63.88. The company has a market capitalization of $4.22 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.