Secure Asset Management LLC Takes $1.06 Million Position in Invesco S&P International Developed Momentum ETF $IDMO

Secure Asset Management LLC bought a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 19,659 shares of the company’s stock, valued at approximately $1,064,000. Secure Asset Management LLC owned approximately 0.05% of Invesco S&P International Developed Momentum ETF at the end of the most recent reporting period.

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

Invesco S&P International Developed Momentum ETF Trading Up 0.9%

IDMO stock opened at $56.72 on Friday. The firm has a market cap of $2.18 billion, a PE ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $56.91. The company has a fifty day simple moving average of $54.21 and a 200 day simple moving average of $52.76.

Invesco S&P International Developed Momentum ETF 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.