Kingsview Wealth Management LLC Grows Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Kingsview Wealth Management LLC increased its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 45.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 187,537 shares of the company’s stock after purchasing an additional 58,766 shares during the period. Kingsview Wealth Management LLC owned 0.37% of Invesco S&P International Developed Momentum ETF worth $10,421,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IDMO. Capstone Wealth Management Group LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the first quarter worth about $1,171,000. Creative Planning purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $269,000. CW Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth approximately $226,000. Raymond James Financial Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF by 65.9% in the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares in the last quarter. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth approximately $366,000.

Invesco S&P International Developed Momentum ETF Stock Performance

NYSEARCA:IDMO opened at $60.36 on Friday. The firm has a market cap of $3.64 billion, a P/E ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $48.79 and a fifty-two week high of $61.17. The firm has a 50-day simple moving average of $58.10 and a two-hundred day simple moving average of $57.13.

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.