CPA Asset Management Group LLC Grows Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

CPA Asset Management Group LLC lifted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 396.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,316 shares of the company’s stock after acquiring an additional 40,188 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 0.9% of CPA Asset Management Group LLC’s holdings, making the stock its 23rd largest position. CPA Asset Management Group LLC owned about 0.08% of Invesco S&P International Developed Momentum ETF worth $2,759,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IDMO. Urban Wealth Management LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 0.3% in the 1st quarter. Urban Wealth Management LLC now owns 81,751 shares of the company’s stock valued at $4,483,000 after purchasing an additional 209 shares in the last quarter. Walled Lake Planning & Wealth Management LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 2.2% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 10,764 shares of the company’s stock worth $598,000 after buying an additional 229 shares in the last quarter. HBW Advisory Services LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 7.8% during the fourth quarter. HBW Advisory Services LLC now owns 4,187 shares of the company’s stock worth $233,000 after buying an additional 302 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after buying an additional 361 shares in the last quarter. Finally, Segment Wealth Management LLC raised its position in shares of Invesco S&P International Developed Momentum ETF by 6.7% in the fourth quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock valued at $344,000 after buying an additional 390 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Down 1.6%

NYSEARCA:IDMO opened at $59.36 on Friday. The company’s 50-day moving average price is $59.92 and its 200-day moving average price is $58.37. The company has a market cap of $3.94 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a twelve month low of $50.21 and a twelve month high of $62.20.

About Invesco S&P International Developed Momentum ETF

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.