FinDec Wealth Services Inc. Reduces Position in Invesco S&P International Developed Momentum ETF $IDMO

FinDec Wealth Services Inc. cut its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 46.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,366 shares of the company’s stock after selling 3,764 shares during the period. FinDec Wealth Services Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $224,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of IDMO. LPL Financial LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 64.1% in the 1st quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock valued at $41,261,000 after purchasing an additional 365,136 shares during the last quarter. Drake & Associates LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at approximately $17,250,000. CWM LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at approximately $12,848,000. McIlrath & Eck LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at approximately $11,939,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 4,988.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 243,087 shares of the company’s stock valued at $10,735,000 after purchasing an additional 238,310 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Down 1.4%

Shares of NYSEARCA:IDMO opened at $52.87 on Friday. Invesco S&P International Developed Momentum ETF has a 52 week low of $38.35 and a 52 week high of $54.43. The company’s 50 day moving average is $53.15 and its two-hundred day moving average is $49.91. The company has a market cap of $1.95 billion, a PE ratio of 18.41 and a beta of 0.78.

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.