Invesco S&P International Developed Momentum ETF $IDMO Stock Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC lowered its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 33.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 255,416 shares of the company’s stock after selling 130,316 shares during the period. Invesco S&P International Developed Momentum ETF makes up 1.6% of Insight Wealth Strategies LLC’s portfolio, making the stock its 20th biggest position. Insight Wealth Strategies LLC owned about 0.36% of Invesco S&P International Developed Momentum ETF worth $15,591,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC grew its position in Invesco S&P International Developed Momentum ETF by 2.7% in the third quarter. Farther Finance Advisors LLC now owns 39,644 shares of the company’s stock valued at $2,420,000 after acquiring an additional 1,045 shares in the last quarter. CoreCap Advisors LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 15.7% in the third quarter. CoreCap Advisors LLC now owns 7,734 shares of the company’s stock valued at $472,000 after purchasing an additional 1,047 shares during the period. Titleist Asset Management LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 1.6% in the third quarter. Titleist Asset Management LLC now owns 241,472 shares of the company’s stock valued at $14,739,000 after purchasing an additional 3,849 shares during the period. Polaris Financial Partners acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $101,000. Finally, Envestnet Asset Management Inc. grew its holdings in Invesco S&P International Developed Momentum ETF by 12.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 628,079 shares of the company’s stock valued at $37,867,000 after purchasing an additional 68,164 shares in the last quarter.

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

IDMO stock traded up $0.07 during trading on Friday, reaching $60.02. The stock had a trading volume of 204,229 shares, compared to its average volume of 438,861. Invesco S&P International Developed Momentum ETF has a 1-year low of $52.14 and a 1-year high of $63.88. The company has a market capitalization of $4.23 billion, a P/E ratio of 18.41 and a beta of 0.80. The firm has a fifty day moving average price of $62.17 and a 200 day moving average price of $60.14.

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.