Southland Equity Partners LLC Has $766,000 Stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Southland Equity Partners LLC increased its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 5.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,343 shares of the company’s stock after purchasing an additional 939 shares during the quarter. Southland Equity Partners LLC owned approximately 0.15% of Invesco S&P International Developed Momentum ETF worth $766,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IDMO. JPMorgan Chase & Co. acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $166,000. Truist Financial Corp acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $231,000. Avantax Advisory Services Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $260,000. Thrivent Financial for Lutherans lifted its stake in Invesco S&P International Developed Momentum ETF by 21.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 7,470 shares of the company’s stock valued at $304,000 after acquiring an additional 1,326 shares during the last quarter. Finally, Mariner LLC acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $353,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO stock opened at $49.86 on Friday. The stock has a market cap of $959.81 million, a P/E ratio of 19.13 and a beta of 0.81. The company has a fifty day moving average price of $47.45 and a two-hundred day moving average price of $44.44. Invesco S&P International Developed Momentum ETF has a one year low of $36.64 and a one year high of $50.93.

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.