Brookstone Capital Management Increases Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Brookstone Capital Management raised its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 142.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 232,809 shares of the company’s stock after purchasing an additional 136,967 shares during the period. Brookstone Capital Management owned 0.39% of Invesco S&P International Developed Momentum ETF worth $12,767,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in IDMO. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P International Developed Momentum ETF by 130.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock valued at $85,022,000 after buying an additional 891,210 shares during the last quarter. SHP Wealth Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter worth approximately $47,926,000. Great Valley Advisor Group Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 135.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after acquiring an additional 755,465 shares in the last quarter. LPL Financial LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock valued at $252,819,000 after acquiring an additional 677,990 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% in the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after purchasing an additional 536,064 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO opened at $61.79 on Tuesday. The stock has a market capitalization of $3.73 billion, a PE ratio of 18.41 and a beta of 0.80. The company’s fifty day moving average is $59.65 and its 200 day moving average is $57.83. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $48.79 and a fifty-two week high of $62.20.

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.