Invesco S&P International Developed Momentum ETF $IDMO Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 25.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,973,250 shares of the company’s stock after acquiring an additional 398,485 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco S&P International Developed Momentum ETF were worth $109,654,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Stratos Wealth Partners LTD. boosted its stake in Invesco S&P International Developed Momentum ETF by 2.7% in the third quarter. Stratos Wealth Partners LTD. now owns 9,919 shares of the company’s stock valued at $536,000 after acquiring an additional 259 shares during the period. HBW Advisory Services LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 7.8% in the fourth quarter. HBW Advisory Services LLC now owns 4,187 shares of the company’s stock valued at $233,000 after acquiring an additional 302 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in Invesco S&P International Developed Momentum ETF by 45.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after acquiring an additional 361 shares during the period. Segment Wealth Management LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 6.7% in the fourth quarter. Segment Wealth Management LLC now owns 6,190 shares of the company’s stock valued at $344,000 after acquiring an additional 390 shares during the period. Finally, Advisory Services Network LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 4.3% in the third quarter. Advisory Services Network LLC now owns 9,503 shares of the company’s stock valued at $513,000 after acquiring an additional 392 shares during the period.

Invesco S&P International Developed Momentum ETF Trading Up 0.1%

IDMO opened at $60.44 on Friday. The business’s 50 day moving average is $58.20 and its 200-day moving average is $57.15. The stock has a market cap of $3.65 billion, a PE ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a twelve month low of $48.79 and a twelve month high of $61.17.

Invesco S&P International Developed Momentum ETF 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.