Redhawk Wealth Advisors Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 7.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,279 shares of the company’s stock after buying an additional 702 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $454,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of IDMO. JPMorgan Chase & Co. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $166,000. Truist Financial Corp acquired a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter valued at about $231,000. Avantax Advisory Services Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at approximately $260,000. Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P International Developed Momentum ETF by 21.6% in the 4th quarter. Thrivent Financial for Lutherans now owns 7,470 shares of the company’s stock valued at $304,000 after buying an additional 1,326 shares during the period. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Invesco S&P International Developed Momentum ETF by 59.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 8,118 shares of the company’s stock worth $330,000 after buying an additional 3,028 shares during the last quarter.
Invesco S&P International Developed Momentum ETF Stock Performance
IDMO stock opened at $50.15 on Thursday. Invesco S&P International Developed Momentum ETF has a one year low of $36.64 and a one year high of $50.93. The firm has a market cap of $840.01 million, a PE ratio of 18.69 and a beta of 0.81. The firm’s 50 day moving average price is $47.03 and its 200-day moving average price is $44.32.
Invesco S&P International Developed Momentum ETF Company 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.
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