EverSource Wealth Advisors LLC Invests $1.24 Million in Invesco S&P International Developed Momentum ETF $IDMO

EverSource Wealth Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 22,519 shares of the company’s stock, valued at approximately $1,235,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Triumph Capital Management bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $25,000. Harbor Asset Planning Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the first quarter worth $41,000. Bessemer Group Inc. increased its position in shares of Invesco S&P International Developed Momentum ETF by 90.6% in the first quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after purchasing an additional 480 shares during the period. Clarity Asset Management Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth $62,000. Finally, Creative Financial Designs Inc. ADV raised its stake in Invesco S&P International Developed Momentum ETF by 45.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after purchasing an additional 361 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 0.1%

IDMO opened at $60.67 on Friday. Invesco S&P International Developed Momentum ETF has a twelve month low of $50.21 and a twelve month high of $62.20. The company has a 50-day simple moving average of $59.85 and a 200 day simple moving average of $58.61. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

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.