Western Wealth Management LLC Decreases Position in Invesco S&P International Developed Momentum ETF $IDMO

Western Wealth Management LLC trimmed its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMOFree Report) by 88.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,050 shares of the company’s stock after selling 95,536 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $716,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Urban Wealth Management LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 0.3% during the first quarter. Urban Wealth Management LLC now owns 81,751 shares of the company’s stock worth $4,483,000 after purchasing an additional 209 shares in the last quarter. Walled Lake Planning & Wealth Management LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 2.2% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 10,764 shares of the company’s stock valued at $598,000 after buying an additional 229 shares in the last quarter. HBW Advisory Services LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 7.8% in the 4th quarter. HBW Advisory Services LLC now owns 4,187 shares of the company’s stock valued at $233,000 after buying an additional 302 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 45.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after buying an additional 361 shares in the last quarter. Finally, Segment Wealth Management LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 6.7% in the 4th quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock valued at $344,000 after buying an additional 390 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $61.20 on Tuesday. The company’s fifty day moving average price is $59.88 and its 200 day moving average price is $58.64. Invesco S&P International Developed Momentum ETF has a 12 month low of $51.18 and a 12 month high of $62.20. The firm has a market capitalization of $4.13 billion, a P/E ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

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