235,919 Shares in Invesco S&P International Developed Momentum ETF $IDMO Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans bought a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 235,919 shares of the company’s stock, valued at approximately $13,110,000. Thrivent Financial for Lutherans owned about 0.47% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stratos Wealth Partners LTD. increased its position in shares of Invesco S&P International Developed Momentum ETF by 2.7% during the third quarter. Stratos Wealth Partners LTD. now owns 9,919 shares of the company’s stock worth $536,000 after acquiring an additional 259 shares during the period. HBW Advisory Services LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 7.8% in the fourth quarter. HBW Advisory Services LLC now owns 4,187 shares of the company’s stock valued at $233,000 after purchasing an additional 302 shares during the period. Segment Wealth Management LLC grew its stake in Invesco S&P International Developed Momentum ETF by 6.7% in the fourth quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock worth $344,000 after purchasing an additional 390 shares in the last quarter. Advisory Services Network LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 4.3% during the 3rd quarter. Advisory Services Network LLC now owns 9,503 shares of the company’s stock worth $513,000 after purchasing an additional 392 shares during the period. Finally, Triumph Capital Management purchased a new position in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $25,000.

Invesco S&P International Developed Momentum ETF Trading Up 0.4%

IDMO opened at $59.17 on Tuesday. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a 12-month low of $48.60 and a 12-month high of $61.17. The business’s fifty day simple moving average is $57.52 and its 200-day simple moving average is $56.79.

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.