Able Wealth Management LLC Raises Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Able Wealth Management LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 19.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,144 shares of the company’s stock after purchasing an additional 4,008 shares during the period. Able Wealth Management LLC owned about 0.54% of Invesco S&P International Developed Momentum ETF worth $1,022,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Invesco S&P International Developed Momentum ETF by 78.2% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980 shares of the company’s stock valued at $40,000 after buying an additional 430 shares during the period. Crewe Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $107,000. Stratos Wealth Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF in the 4th quarter valued at about $211,000. Main Street Financial Solutions LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the third quarter valued at about $238,000. Finally, Truist Financial Corp purchased a new stake in Invesco S&P International Developed Momentum ETF during the fourth quarter valued at about $231,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.9 %

IDMO opened at $44.21 on Thursday. The company has a market capitalization of $205.58 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The firm has a 50-day moving average price of $42.03 and a 200-day moving average price of $41.82. Invesco S&P International Developed Momentum ETF has a twelve month low of $36.64 and a twelve month high of $44.72.

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.