109,630 Shares in Invesco S&P International Developed Momentum ETF $IDMO Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. bought a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 109,630 shares of the company’s stock, valued at approximately $5,919,000.

Several other large investors have also made changes to their positions in the company. Titleist Asset Management LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 1.1% in the second quarter. Titleist Asset Management LLC now owns 125,711 shares of the company’s stock valued at $6,441,000 after acquiring an additional 1,313 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 77.5% during the second quarter. Janney Montgomery Scott LLC now owns 42,970 shares of the company’s stock valued at $2,202,000 after purchasing an additional 18,762 shares during the period. Farther Finance Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter worth $127,000. Embree Financial Group lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 131.2% during the 2nd quarter. Embree Financial Group now owns 38,783 shares of the company’s stock valued at $1,987,000 after purchasing an additional 22,009 shares in the last quarter. Finally, Truist Financial Corp increased its stake in Invesco S&P International Developed Momentum ETF by 31.6% during the 2nd quarter. Truist Financial Corp now owns 7,928 shares of the company’s stock worth $406,000 after purchasing an additional 1,904 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

NYSEARCA:IDMO opened at $56.20 on Friday. The stock’s 50-day simple moving average is $54.13 and its 200 day simple moving average is $52.71. Invesco S&P International Developed Momentum ETF has a 52-week low of $38.35 and a 52-week high of $56.46. The company has a market cap of $2.16 billion, a P/E ratio of 18.41 and a beta of 0.80.

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.