Winnacle Wealth LLC Acquires 15,729 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Winnacle Wealth LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 15,729 shares of the company’s stock, valued at approximately $960,000.

Several other institutional investors also recently modified their holdings of the stock. Harbor Asset Planning Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF during the 1st quarter worth approximately $41,000. Bessemer Group Inc. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 90.6% in the first quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after purchasing an additional 480 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the first quarter worth $69,000. Waverly Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the first quarter worth $71,000. Finally, PNC Financial Services Group Inc. acquired a new stake in Invesco S&P International Developed Momentum ETF in the first quarter valued at $86,000.

Invesco S&P International Developed Momentum ETF Trading Down 1.5%

NYSEARCA IDMO opened at $59.29 on Thursday. The firm has a market capitalization of $4.21 billion, a PE ratio of 18.41 and a beta of 0.80. The business’s 50-day moving average price is $62.05 and its two-hundred day moving average price is $60.31. Invesco S&P International Developed Momentum ETF has a 12 month low of $52.14 and a 12 month high of $63.88.

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.