Whitaker Myers Wealth Managers LTD. Makes New $20.44 Million Investment in Invesco S&P International Developed Momentum ETF $IDMO

Whitaker Myers Wealth Managers LTD. bought a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 378,498 shares of the company’s stock, valued at approximately $20,435,000. Invesco S&P International Developed Momentum ETF accounts for 4.5% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 8th biggest position. Whitaker Myers Wealth Managers LTD. owned 1.01% of Invesco S&P International Developed Momentum ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IDMO. World Investment Advisors increased its position in Invesco S&P International Developed Momentum ETF by 2.9% during the third quarter. World Investment Advisors now owns 8,832 shares of the company’s stock worth $477,000 after acquiring an additional 252 shares during the period. Titleist Asset Management LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 0.4% during the 1st quarter. Titleist Asset Management LLC now owns 124,398 shares of the company’s stock worth $5,493,000 after purchasing an additional 440 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Invesco S&P International Developed Momentum ETF by 5.3% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 9,660 shares of the company’s stock worth $495,000 after purchasing an additional 488 shares in the last quarter. Creative Financial Designs Inc. ADV bought a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter worth approximately $25,000. Finally, Private Trust Co. NA raised its position in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after buying an additional 553 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Trading Up 0.3%

Shares of IDMO stock opened at $56.10 on Friday. The stock has a market cap of $2.15 billion, a P/E ratio of 18.41 and a beta of 0.80. The stock has a 50 day simple moving average of $54.42 and a 200 day simple moving average of $52.91. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $56.91.

Invesco S&P International Developed Momentum ETF Company 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.