17,183 Shares in Invesco S&P International Developed Momentum ETF $IDMO Bought by Tenet Wealth Partners LLC

Tenet Wealth Partners LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 17,183 shares of the company’s stock, valued at approximately $1,028,000. Invesco S&P International Developed Momentum ETF makes up 0.8% of Tenet Wealth Partners LLC’s portfolio, making the stock its 27th largest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after purchasing an additional 677,990 shares during the period. Cetera Investment Advisers increased its position in shares of Invesco S&P International Developed Momentum ETF by 33.2% during the first quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock valued at $115,078,000 after buying an additional 523,230 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 25.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock valued at $109,654,000 after buying an additional 398,485 shares during the period. Great Valley Advisor Group Inc. raised its stake in Invesco S&P International Developed Momentum ETF by 135.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after buying an additional 755,465 shares in the last quarter. Finally, SHP Wealth Management bought a new position in Invesco S&P International Developed Momentum ETF in the fourth quarter worth about $47,926,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO opened at $63.46 on Friday. Invesco S&P International Developed Momentum ETF has a one year low of $52.14 and a one year high of $63.88. The company has a 50-day simple moving average of $61.21 and a two-hundred day simple moving average of $59.43. The firm has a market capitalization of $4.28 billion, a PE ratio of 18.41 and a beta of 0.79.

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.