Able Wealth Management LLC Purchases 4,597 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Able Wealth Management LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 27.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,136 shares of the company’s stock after buying an additional 4,597 shares during the quarter. Able Wealth Management LLC owned approximately 0.45% of Invesco S&P International Developed Momentum ETF worth $889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. ICA Group Wealth Management LLC increased its stake in Invesco S&P International Developed Momentum ETF by 214.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock worth $41,000 after purchasing an additional 680 shares during the period. Key Client Fiduciary Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth approximately $227,000. Cetera Advisors LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the first quarter worth $239,000. MONECO Advisors LLC bought a new stake in Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at $246,000. Finally, Leavell Investment Management Inc. bought a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $257,000.

Invesco S&P International Developed Momentum ETF Stock Down 1.0 %

Shares of Invesco S&P International Developed Momentum ETF stock opened at $41.84 on Friday. The company’s fifty day simple moving average is $41.76 and its two-hundred day simple moving average is $41.37. Invesco S&P International Developed Momentum ETF has a 12-month low of $33.19 and a 12-month high of $43.30. The firm has a market cap of $194.56 million, a PE ratio of 14.20 and a beta of 0.84.

About Invesco S&P International Developed Momentum ETF

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.