Invesco S&P International Developed Momentum ETF $IDMO Shares Acquired by Welch Financial Planning LLC

Welch Financial Planning LLC increased its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 21.4% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 106,162 shares of the company’s stock after purchasing an additional 18,734 shares during the period. Invesco S&P International Developed Momentum ETF accounts for approximately 4.2% of Welch Financial Planning LLC’s holdings, making the stock its 9th largest position. Welch Financial Planning LLC owned about 0.18% of Invesco S&P International Developed Momentum ETF worth $5,822,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Embree Financial Group raised its holdings in Invesco S&P International Developed Momentum ETF by 39.5% in the 4th quarter. Embree Financial Group now owns 61,685 shares of the company’s stock valued at $3,428,000 after acquiring an additional 17,469 shares in the last quarter. Foresight Capital Management Advisors Inc. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 112.5% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after buying an additional 52,469 shares during the last quarter. ORG Partners LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 12.0% in the fourth quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock valued at $10,853,000 after buying an additional 20,904 shares in the last quarter. Perigon Wealth Management LLC raised its stake in Invesco S&P International Developed Momentum ETF by 79.8% during the fourth quarter. Perigon Wealth Management LLC now owns 34,793 shares of the company’s stock worth $1,933,000 after acquiring an additional 15,443 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter worth about $498,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $59.60 on Friday. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The company has a 50 day simple moving average of $59.66 and a 200 day simple moving average of $57.95. Invesco S&P International Developed Momentum ETF has a 1 year low of $50.20 and a 1 year high of $62.20.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.