Independent Financial Group LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 57,057 shares of the company’s stock, valued at approximately $3,129,000. Independent Financial Group LLC owned approximately 0.09% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Capstone Wealth Management Group LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 1st quarter worth $1,171,000. Creative Planning acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $269,000. CW Advisors LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at $226,000. Raymond James Financial Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF by 65.9% in the second quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new stake in Invesco S&P International Developed Momentum ETF in the second quarter worth $366,000.
Invesco S&P International Developed Momentum ETF Price Performance
Invesco S&P International Developed Momentum ETF stock opened at $58.97 on Friday. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a one year low of $50.21 and a one year high of $62.20. The company’s fifty day moving average price is $59.88 and its two-hundred day moving average price is $58.37.
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.
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