IFC & Insurance Marketing Inc. Acquires 10,698 Shares of Invesco S&P International Developed Momentum ETF $IDMO

IFC & Insurance Marketing Inc. boosted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 7.1% in the 3rd quarter, Holdings Channel reports. The fund owned 162,413 shares of the company’s stock after acquiring an additional 10,698 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for 8.6% of IFC & Insurance Marketing Inc.’s holdings, making the stock its largest holding. IFC & Insurance Marketing Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $9,921,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Cetera Investment Advisers lifted its stake in Invesco S&P International Developed Momentum ETF by 33.2% in the 1st quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock worth $115,078,000 after purchasing an additional 523,230 shares in the last quarter. SHP Wealth Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter worth approximately $47,926,000. Envestnet Asset Management Inc. grew its position in shares of Invesco S&P International Developed Momentum ETF by 12.2% in the second quarter. Envestnet Asset Management Inc. now owns 628,079 shares of the company’s stock valued at $37,867,000 after purchasing an additional 68,164 shares in the last quarter. Adamsbrown Wealth Consultants LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 5.1% in the second quarter. Adamsbrown Wealth Consultants LLC now owns 624,654 shares of the company’s stock valued at $37,660,000 after purchasing an additional 30,045 shares in the last quarter. Finally, RFG Advisory LLC grew its position in shares of Invesco S&P International Developed Momentum ETF by 2.3% in the first quarter. RFG Advisory LLC now owns 570,425 shares of the company’s stock valued at $31,282,000 after purchasing an additional 12,606 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO traded down $0.20 during midday trading on Friday, hitting $58.99. The company had a trading volume of 345,529 shares, compared to its average volume of 438,957. Invesco S&P International Developed Momentum ETF has a twelve month low of $52.14 and a twelve month high of $63.88. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The business’s 50-day simple moving average is $61.91 and its 200-day simple moving average is $60.34.

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.