Armstrong Advisory Group Inc. Purchases Shares of 1,480 Invesco S&P International Developed Momentum ETF $IDMO

Armstrong Advisory Group Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,480 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors and hedge funds also recently modified their holdings of IDMO. ORG Wealth Partners LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the first quarter valued at about $31,000. Farther Finance Advisors LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $127,000. Valued Retirements Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the first quarter valued at approximately $210,000. TruWealth Advisors LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $392,000. Finally, Thoroughbred Financial Services LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the first quarter valued at approximately $396,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of IDMO opened at $53.27 on Wednesday. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 18.41 and a beta of 0.78. The company’s 50 day simple moving average is $52.48 and its 200 day simple moving average is $49.13. Invesco S&P International Developed Momentum ETF has a 1 year low of $38.35 and a 1 year high of $54.06.

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.