Western Wealth Management LLC Sells 95,536 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Western Wealth Management LLC lessened its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 88.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,050 shares of the company’s stock after selling 95,536 shares during the quarter. Western Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $716,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Urban Wealth Management LLC increased its stake in shares of Invesco S&P International Developed Momentum ETF by 0.3% in the first quarter. Urban Wealth Management LLC now owns 81,751 shares of the company’s stock valued at $4,483,000 after buying an additional 209 shares in the last quarter. Walled Lake Planning & Wealth Management LLC increased its stake in shares of Invesco S&P International Developed Momentum ETF by 2.2% in the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 10,764 shares of the company’s stock valued at $598,000 after acquiring an additional 229 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of Invesco S&P International Developed Momentum ETF by 45.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after buying an additional 361 shares in the last quarter. Segment Wealth Management LLC increased its stake in Invesco S&P International Developed Momentum ETF by 6.7% during the 4th quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock worth $344,000 after purchasing an additional 390 shares in the last quarter. Finally, Signet Private Wealth LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 6.2% during the 1st quarter. Signet Private Wealth LLC now owns 6,676 shares of the company’s stock worth $366,000 after purchasing an additional 390 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $63.20 on Friday. Invesco S&P International Developed Momentum ETF has a 52-week low of $51.91 and a 52-week high of $63.36. The firm has a market cap of $4.26 billion, a PE ratio of 18.41 and a beta of 0.80. The business’s 50 day simple moving average is $60.25 and its 200 day simple moving average is $58.95.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.