Core Wealth Advisors LLC Buys Shares of 270,151 Invesco S&P International Developed Momentum ETF $IDMO

Core Wealth Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the 4th quarter, Holdings Channel.com reports. The fund bought 270,151 shares of the company’s stock, valued at approximately $15,012,000. Invesco S&P International Developed Momentum ETF comprises approximately 9.1% of Core Wealth Advisors LLC’s investment portfolio, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of IDMO. Capstone Wealth Management Group LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter valued at $1,171,000. Creative Planning acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth $269,000. CW Advisors LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth $226,000. Raymond James Financial Inc. boosted its position in shares of Invesco S&P International Developed Momentum ETF by 65.9% in the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares in the last quarter. Finally, Ausdal Financial Partners Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter worth $366,000.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $60.44 on Friday. The stock has a market capitalization of $3.65 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a 1-year low of $48.79 and a 1-year high of $61.17. The business has a fifty day moving average price of $58.20 and a 200-day moving average price of $57.15.

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.