Tempus Wealth Planning LLC Makes New $986,000 Investment in Invesco S&P International Developed Momentum ETF $IDMO

Tempus Wealth Planning LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 17,750 shares of the company’s stock, valued at approximately $986,000.

A number of other institutional investors and hedge funds have also made changes to their positions in IDMO. Triumph Capital Management purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $25,000. Bessemer Group Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the third quarter valued at about $29,000. WPG Advisers LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the third quarter valued at about $55,000. JPMorgan Chase & Co. raised its holdings in Invesco S&P International Developed Momentum ETF by 756.0% in the third quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock worth $69,000 after purchasing an additional 1,134 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in Invesco S&P International Developed Momentum ETF in the third quarter worth about $71,000.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO stock opened at $55.88 on Friday. Invesco S&P International Developed Momentum ETF has a one year low of $38.35 and a one year high of $60.44. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The firm has a 50-day simple moving average of $57.29 and a two-hundred day simple moving average of $55.59.

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.