Essex Financial Services Inc. Buys 9,591 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Essex Financial Services Inc. boosted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 251.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,411 shares of the company’s stock after purchasing an additional 9,591 shares during the quarter. Essex Financial Services Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $745,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Founders Financial Securities LLC boosted its position in Invesco S&P International Developed Momentum ETF by 6.7% during the fourth quarter. Founders Financial Securities LLC now owns 87,975 shares of the company’s stock worth $4,889,000 after purchasing an additional 5,542 shares during the period. Core Wealth Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the fourth quarter worth approximately $15,012,000. Northwestern Mutual Wealth Management Co. boosted its position in Invesco S&P International Developed Momentum ETF by 25.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after purchasing an additional 398,485 shares during the period. IFG Advisory LLC boosted its position in Invesco S&P International Developed Momentum ETF by 7.6% during the fourth quarter. IFG Advisory LLC now owns 65,674 shares of the company’s stock worth $3,650,000 after purchasing an additional 4,640 shares during the period. Finally, Thoroughbred Financial Services LLC boosted its position in Invesco S&P International Developed Momentum ETF by 65.3% during the fourth quarter. Thoroughbred Financial Services LLC now owns 65,770 shares of the company’s stock worth $3,654,000 after purchasing an additional 25,984 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Down 1.2%

Shares of Invesco S&P International Developed Momentum ETF stock opened at $59.70 on Tuesday. The stock has a market capitalization of $3.60 billion, a P/E ratio of 18.41 and a beta of 0.81. The stock has a 50 day moving average price of $58.29 and a two-hundred day moving average price of $57.20. Invesco S&P International Developed Momentum ETF has a 12-month low of $48.79 and a 12-month high of $61.17.

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.