Entelevest LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,933 shares of the company’s stock, valued at approximately $885,000.
Several other large investors have also recently made changes to their positions in IDMO. Capstone Wealth Management Group LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the first quarter worth about $1,171,000. Creative Planning bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $269,000. CW Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $226,000. Raymond James Financial Inc. increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 65.9% in the second quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares during the last quarter. Finally, Ausdal Financial Partners Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $366,000.
Invesco S&P International Developed Momentum ETF Trading Down 2.3%
Shares of IDMO stock opened at $56.58 on Thursday. Invesco S&P International Developed Momentum ETF has a 12-month low of $48.79 and a 12-month high of $61.17. The stock’s 50-day moving average price is $58.98 and its 200-day moving average price is $57.43. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.
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.
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