Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 776.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 487,224 shares of the company’s stock after buying an additional 431,622 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for 7.2% of Adamsbrown Wealth Consultants LLC’s investment portfolio, making the stock its 4th biggest holding. Adamsbrown Wealth Consultants LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $26,305,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IDMO. Titleist Asset Management LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 1.1% during the second quarter. Titleist Asset Management LLC now owns 125,711 shares of the company’s stock valued at $6,441,000 after purchasing an additional 1,313 shares during the last quarter. Farther Finance Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at $127,000. Janney Montgomery Scott LLC grew its position in Invesco S&P International Developed Momentum ETF by 77.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 42,970 shares of the company’s stock worth $2,202,000 after acquiring an additional 18,762 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 72.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 266,857 shares of the company’s stock worth $14,408,000 after acquiring an additional 112,176 shares during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. bought a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter valued at $20,435,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO stock opened at $58.80 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $58.88. The firm’s 50 day moving average price is $55.77 and its two-hundred day moving average price is $53.98. The stock has a market cap of $2.83 billion, a PE 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.