Ameriflex Group Inc. Acquires 963 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Ameriflex Group Inc. increased its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 8.1% during the 2nd quarter, Holdings Channel reports. The firm owned 12,833 shares of the company’s stock after buying an additional 963 shares during the period. Ameriflex Group Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $651,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 64.1% in the first quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock worth $41,261,000 after buying an additional 365,136 shares during the period. CWM LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the first quarter worth about $12,848,000. McIlrath & Eck LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the first quarter worth about $11,939,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco S&P International Developed Momentum ETF by 4,988.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 243,087 shares of the company’s stock worth $10,735,000 after buying an additional 238,310 shares during the period. Finally, StoneCrest Wealth Management Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the second quarter worth about $8,223,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of IDMO opened at $54.35 on Friday. Invesco S&P International Developed Momentum ETF has a one year low of $38.35 and a one year high of $54.43. The company has a 50-day simple moving average of $52.87 and a two-hundred day simple moving average of $49.62. The firm has a market capitalization of $1.89 billion, a PE ratio of 18.41 and a beta of 0.78.

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.