ICA Group Wealth Management LLC Boosts Holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

ICA Group Wealth Management LLC grew its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 214.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 997 shares of the company’s stock after buying an additional 680 shares during the period. ICA Group Wealth Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $41,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Southland Equity Partners LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 6.6% in the first quarter. Southland Equity Partners LLC now owns 13,279 shares of the company’s stock worth $558,000 after buying an additional 819 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 13.7% in the second quarter. Harbour Investments Inc. now owns 7,553 shares of the company’s stock worth $312,000 after buying an additional 911 shares during the last quarter. Professional Financial Advisors LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 1.8% in the second quarter. Professional Financial Advisors LLC now owns 56,057 shares of the company’s stock worth $2,315,000 after buying an additional 1,002 shares during the last quarter. Atlas Capital Advisors LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 18.4% in the second quarter. Atlas Capital Advisors LLC now owns 31,970 shares of the company’s stock worth $1,320,000 after buying an additional 4,964 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 10.5% in the second quarter. Envestnet Asset Management Inc. now owns 53,585 shares of the company’s stock worth $2,213,000 after buying an additional 5,092 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Trading Up 0.1 %

NYSEARCA IDMO opened at $42.03 on Monday. The company has a fifty day simple moving average of $41.42 and a two-hundred day simple moving average of $41.16. The stock has a market cap of $195.44 million, a P/E ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a 12-month low of $31.73 and a 12-month high of $43.06.

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.