Invesco S&P International Developed Momentum ETF $IDMO Stake Raised by McIlrath & Eck LLC

McIlrath & Eck LLC lifted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 3.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 455,519 shares of the company’s stock after buying an additional 13,686 shares during the period. Invesco S&P International Developed Momentum ETF makes up about 1.9% of McIlrath & Eck LLC’s investment portfolio, making the stock its 16th largest holding. McIlrath & Eck LLC owned about 0.75% of Invesco S&P International Developed Momentum ETF worth $24,981,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Triad Wealth Partners LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter valued at approximately $498,000. Foresight Capital Management Advisors Inc. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 112.5% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after purchasing an additional 52,469 shares during the last quarter. Welch Financial Planning LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth $4,858,000. Pearl Planning LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth $885,000. Finally, Perigon Wealth Management LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 79.8% in the fourth quarter. Perigon Wealth Management LLC now owns 34,793 shares of the company’s stock valued at $1,933,000 after purchasing an additional 15,443 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Up 4.1%

Shares of NYSEARCA:IDMO opened at $60.61 on Friday. The firm has a market cap of $4.07 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 12-month low of $50.21 and a 12-month high of $62.20. The business has a fifty day simple moving average of $59.83 and a 200 day simple moving average of $58.59.

Invesco S&P International Developed Momentum ETF 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.