Rooted Wealth Advisors Inc. Grows Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Rooted Wealth Advisors Inc. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 379,170 shares of the company’s stock after purchasing an additional 42,445 shares during the period. Invesco S&P International Developed Momentum ETF makes up approximately 5.7% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 3rd biggest position. Rooted Wealth Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $22,625,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter valued at $62,000. Creative Financial Designs Inc. ADV lifted its position in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after acquiring an additional 361 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 756.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after acquiring an additional 1,134 shares in the last quarter. Finally, Scarborough Advisors LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 305.0% during the 4th quarter. Scarborough Advisors LLC now owns 1,855 shares of the company’s stock worth $103,000 after acquiring an additional 1,397 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Down 0.9%

Shares of NYSEARCA IDMO opened at $59.60 on Friday. The stock’s fifty day simple moving average is $59.66 and its 200 day simple moving average is $57.95. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $50.20 and a 52-week high of $62.20.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.