Embree Financial Group Buys 17,469 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Embree Financial Group increased its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 39.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,685 shares of the company’s stock after purchasing an additional 17,469 shares during the quarter. Embree Financial Group’s holdings in Invesco S&P International Developed Momentum ETF were worth $3,428,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Capstone Wealth Management Group LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the first quarter valued at about $1,171,000. Creative Planning bought a new position in Invesco S&P International Developed Momentum ETF in the second quarter worth about $269,000. Global Retirement Partners LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at about $232,000. Steward Partners Investment Advisory LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 90.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 23,124 shares of the company’s stock valued at $1,185,000 after buying an additional 10,954 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock valued at $35,025,000 after buying an additional 440,468 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $52.95 on Monday. The firm’s 50 day moving average price is $57.45 and its 200-day moving average price is $55.58. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $60.44. The company has a market cap of $2.68 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.