Valued Retirements Inc. Increases Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Valued Retirements Inc. lifted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 191.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,875 shares of the company’s stock after buying an additional 9,110 shares during the quarter. Valued Retirements Inc. owned about 0.06% of Invesco S&P International Developed Momentum ETF worth $711,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P International Developed Momentum ETF by 181.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after acquiring an additional 440,468 shares in the last quarter. Drake & Associates LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter valued at approximately $17,250,000. McIlrath & Eck LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the first quarter worth approximately $11,939,000. Three Cord True Wealth Management LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $12,478,000. Finally, Cetera Investment Advisers increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 208.0% in the 2nd quarter. Cetera Investment Advisers now owns 330,060 shares of the company’s stock valued at $16,912,000 after acquiring an additional 222,913 shares during the period.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $54.54 on Monday. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The company has a fifty day moving average price of $53.70 and a 200 day moving average price of $52.17. Invesco S&P International Developed Momentum ETF has a 12 month low of $38.35 and a 12 month high of $55.44.

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.