Trademark Financial Management LLC lifted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 13.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 136,432 shares of the company’s stock after buying an additional 16,571 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up 3.7% of Trademark Financial Management LLC’s investment portfolio, making the stock its 7th largest holding. Trademark Financial Management LLC owned approximately 0.23% of Invesco S&P International Developed Momentum ETF worth $7,482,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its position in Invesco S&P International Developed Momentum ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock valued at $252,819,000 after acquiring an additional 677,990 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 25.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after purchasing an additional 398,485 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco S&P International Developed Momentum ETF by 42.7% during the fourth quarter. Cetera Investment Advisers now owns 1,575,199 shares of the company’s stock worth $87,534,000 after purchasing an additional 471,320 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 135.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock valued at $72,936,000 after purchasing an additional 755,465 shares during the period. Finally, SHP Wealth Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at approximately $47,926,000.
Invesco S&P International Developed Momentum ETF Stock Up 0.5%
Shares of IDMO opened at $60.17 on Friday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $50.21 and a fifty-two week high of $62.20. The firm’s 50 day moving average price is $59.72 and its 200 day moving average price is $58.09. The company has a market cap of $3.92 billion, a P/E ratio of 18.41 and a beta of 0.80.
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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.
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