Invesco S&P International Developed Momentum ETF $IDMO Shares Newly Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 11,952 shares of the company’s stock, valued at approximately $730,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IDMO. Vise Technologies Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth approximately $890,000. Founders Financial Securities LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $3,769,000. WPG Advisers LLC increased its stake in shares of Invesco S&P International Developed Momentum ETF by 5.9% during the third quarter. WPG Advisers LLC now owns 63,179 shares of the company’s stock valued at $3,856,000 after buying an additional 3,539 shares during the period. John Boyer Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $26,000. Finally, Foresight Capital Management Advisors Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter valued at approximately $5,956,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.2%

Shares of Invesco S&P International Developed Momentum ETF stock opened at $57.61 on Wednesday. The business has a 50 day moving average of $60.88 and a 200 day moving average of $59.51. Invesco S&P International Developed Momentum ETF has a 52 week low of $52.14 and a 52 week high of $63.88. The company has a market cap of $4.12 billion, a PE ratio of 18.41 and a beta of 0.81.

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.