Gratus Wealth Advisors LLC Acquires New Position in Invesco S&P International Developed Momentum ETF $IDMO

Gratus Wealth Advisors LLC acquired a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 456,816 shares of the company’s stock, valued at approximately $25,052,000. Invesco S&P International Developed Momentum ETF comprises 3.6% of Gratus Wealth Advisors LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other institutional investors also recently bought and sold shares of IDMO. Embree Financial Group raised its position in shares of Invesco S&P International Developed Momentum ETF by 39.5% during the 4th quarter. Embree Financial Group now owns 61,685 shares of the company’s stock valued at $3,428,000 after buying an additional 17,469 shares during the period. ORG Partners LLC grew its position in Invesco S&P International Developed Momentum ETF by 12.0% in the fourth quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock worth $10,853,000 after acquiring an additional 20,904 shares during the period. Foresight Capital Management Advisors Inc. increased its stake in Invesco S&P International Developed Momentum ETF by 112.5% during the fourth quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after acquiring an additional 52,469 shares during the last quarter. Triad Wealth Partners LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the fourth quarter worth $498,000. Finally, Welch Financial Planning LLC purchased a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at $4,858,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $60.14 on Monday. Invesco S&P International Developed Momentum ETF has a 52 week low of $50.21 and a 52 week high of $62.20. The business’s fifty day simple moving average is $59.93 and its 200-day simple moving average is $58.26. The firm has a market cap of $3.96 billion, a PE ratio of 18.41 and a beta of 0.80.

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.