WESPAC Advisors LLC Purchases New Shares in Invesco S&P International Developed Momentum ETF $IDMO

WESPAC Advisors LLC acquired a new stake 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 (SEC). The institutional investor acquired 9,198 shares of the company’s stock, valued at approximately $561,000.

A number of other large investors have also recently added to or reduced their stakes in IDMO. Cetera Investment Advisers increased its stake in Invesco S&P International Developed Momentum ETF by 33.2% during the first quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock worth $115,078,000 after acquiring an additional 523,230 shares during the last quarter. Envestnet Asset Management Inc. raised its position in 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 during the period. Adamsbrown Wealth Consultants LLC lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 5.1% in the 2nd 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 during the last quarter. Bank of America Corp DE lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 495.9% in the 1st quarter. Bank of America Corp DE now owns 535,605 shares of the company’s stock valued at $29,373,000 after purchasing an additional 445,719 shares during the last quarter. Finally, Planning Alternatives Ltd. ADV acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $26,486,000.

Invesco S&P International Developed Momentum ETF Trading Up 0.7%

NYSEARCA IDMO opened at $58.23 on Tuesday. The stock has a market cap of $4.15 billion, a PE ratio of 18.41 and a beta of 0.80. 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 fifty day simple moving average of $61.38 and a 200-day simple moving average of $59.46.

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.