Professional Financial Advisors LLC Grows Stock Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Professional Financial Advisors LLC boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,902 shares of the company’s stock after buying an additional 3,192 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for approximately 0.7% of Professional Financial Advisors LLC’s investment portfolio, making the stock its 25th largest position. Professional Financial Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,556,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of IDMO. Commonwealth Equity Services LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter worth about $398,000. Envestnet Asset Management Inc. lifted its stake in Invesco S&P International Developed Momentum ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 53,585 shares of the company’s stock worth $2,213,000 after purchasing an additional 5,092 shares during the last quarter. ICA Group Wealth Management LLC grew its stake in shares of Invesco S&P International Developed Momentum ETF by 214.5% during the second quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock valued at $41,000 after buying an additional 680 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 228.7% during the 2nd quarter. Cetera Investment Advisers now owns 37,762 shares of the company’s stock worth $1,560,000 after acquiring an additional 26,272 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its position in Invesco S&P International Developed Momentum ETF by 69.2% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 125,194 shares of the company’s stock valued at $5,268,000 after acquiring an additional 51,217 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Down 0.2 %

Shares of IDMO opened at $40.34 on Tuesday. The firm has a market capitalization of $187.58 million, a P/E ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a 12-month low of $36.29 and a 12-month high of $43.62. The firm has a fifty day moving average price of $41.67 and a 200-day moving average price of $41.61.

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.