WJ Wealth Management LLC bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 50,588 shares of the company’s stock, valued at approximately $2,592,000. WJ Wealth Management LLC owned approximately 0.21% of Invesco S&P International Developed Momentum ETF at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Titleist Asset Management LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 0.4% in the first quarter. Titleist Asset Management LLC now owns 124,398 shares of the company’s stock valued at $5,493,000 after buying an additional 440 shares in the last quarter. ORG Wealth Partners LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the first quarter valued at about $31,000. Southland Equity Partners LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 4.5% in the second quarter. Southland Equity Partners LLC now owns 18,131 shares of the company’s stock valued at $929,000 after buying an additional 788 shares in the last quarter. Ameriflex Group Inc. increased its holdings in Invesco S&P International Developed Momentum ETF by 8.1% in the second quarter. Ameriflex Group Inc. now owns 12,833 shares of the company’s stock valued at $651,000 after buying an additional 963 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in shares of Invesco S&P International Developed Momentum ETF by 13.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 9,172 shares of the company’s stock worth $405,000 after purchasing an additional 1,054 shares in the last quarter.
Invesco S&P International Developed Momentum ETF Price Performance
Shares of IDMO opened at $53.22 on Thursday. The firm has a 50 day simple moving average of $53.25 and a 200-day simple moving average of $50.09. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $54.43. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 18.41 and a beta of 0.78.
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.
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