Rooted Wealth Advisors Inc. Has $19.62 Million Stake in Invesco S&P International Developed Momentum ETF $IDMO

Rooted Wealth Advisors Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 6.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 336,725 shares of the company’s stock after purchasing an additional 20,071 shares during the period. Invesco S&P International Developed Momentum ETF comprises about 5.5% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Rooted Wealth Advisors Inc. owned 0.66% of Invesco S&P International Developed Momentum ETF worth $19,621,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC bought a new position in Invesco S&P International Developed Momentum ETF during the 4th quarter valued at about $214,000. Fortis Group Advisors LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 6.4% in the fourth quarter. Fortis Group Advisors LLC now owns 16,130 shares of the company’s stock worth $932,000 after acquiring an additional 976 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Invesco S&P International Developed Momentum ETF by 45.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after acquiring an additional 361 shares during the last quarter. Csenge Advisory Group bought a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth about $365,000. Finally, HighTower Advisors LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF by 87.7% in the fourth quarter. HighTower Advisors LLC now owns 294,873 shares of the company’s stock worth $16,386,000 after acquiring an additional 137,771 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA IDMO opened at $59.75 on Monday. Invesco S&P International Developed Momentum ETF has a 1-year low of $48.68 and a 1-year high of $61.17. The company has a market cap of $3.61 billion, a PE ratio of 18.41 and a beta of 0.81. The company has a 50-day moving average of $57.73 and a two-hundred day moving average of $56.94.

Invesco S&P International Developed Momentum ETF Company 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.