Kinetic Wealth Investment Advisors LLC Acquires Shares of 41,089 Invesco S&P International Developed Momentum ETF $IDMO

Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 41,089 shares of the company’s stock, valued at approximately $2,477,000. Invesco S&P International Developed Momentum ETF accounts for about 1.2% of Kinetic Wealth Investment Advisors LLC’s holdings, making the stock its 14th largest holding. Kinetic Wealth Investment Advisors LLC owned 0.06% of Invesco S&P International Developed Momentum ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of IDMO. Northwestern Mutual Wealth Management Co. boosted its holdings 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 acquiring an additional 398,485 shares during the period. Harbour Investments Inc. lifted its holdings in Invesco S&P International Developed Momentum ETF by 13.4% during the 4th quarter. Harbour Investments Inc. now owns 131,205 shares of the company’s stock worth $7,291,000 after purchasing an additional 15,500 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 1,358.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 159,703 shares of the company’s stock valued at $8,875,000 after purchasing an additional 148,750 shares during the period. HighTower Advisors LLC grew its holdings in Invesco S&P International Developed Momentum ETF by 87.7% in the 4th quarter. HighTower Advisors LLC now owns 294,873 shares of the company’s stock valued at $16,386,000 after buying an additional 137,771 shares in the last quarter. Finally, Core Wealth Advisors LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter valued at $15,012,000.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO stock opened at $63.46 on Tuesday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $52.14 and a fifty-two week high of $63.88. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 18.41 and a beta of 0.79. The business’s fifty day moving average price is $61.29 and its two-hundred day moving average price is $59.47.

About Invesco S&P International Developed Momentum ETF

(Free Report)

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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