Professional Financial Advisors LLC Buys 3,192 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Professional Financial Advisors LLC increased its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 5.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,902 shares of the company’s stock after purchasing an additional 3,192 shares during the period. Invesco S&P International Developed Momentum ETF makes up approximately 0.7% of Professional Financial Advisors LLC’s holdings, making the stock its 25th biggest position. Professional Financial Advisors LLC owned 1.35% of Invesco S&P International Developed Momentum ETF worth $2,556,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ICA Group Wealth Management LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 214.5% during the second quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock valued at $41,000 after acquiring an additional 680 shares in the last quarter. Crewe Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at $107,000. Main Street Financial Solutions LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter worth $238,000. Leavell Investment Management Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth $257,000. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 9.9% during the third quarter. Thrivent Financial for Lutherans now owns 6,144 shares of the company’s stock valued at $259,000 after purchasing an additional 553 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

NYSEARCA IDMO opened at $40.34 on Tuesday. The company has a market capitalization of $187.58 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The stock has a 50-day moving average of $41.67 and a 200 day moving average of $41.61. Invesco S&P International Developed Momentum ETF has a one year low of $36.29 and a one year high of $43.62.

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.