Southland Equity Partners LLC Raises Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Southland Equity Partners LLC increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 8.2% in the 4th quarter, HoldingsChannel reports. The firm owned 16,404 shares of the company’s stock after purchasing an additional 1,245 shares during the period. Southland Equity Partners LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IDMO. Crewe Advisors LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $107,000. Main Street Financial Solutions LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $238,000. Leavell Investment Management Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter worth approximately $257,000. Thrivent Financial for Lutherans grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 9.9% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,144 shares of the company’s stock worth $259,000 after acquiring an additional 553 shares during the period. Finally, Key Client Fiduciary Advisors LLC increased its stake in Invesco S&P International Developed Momentum ETF by 50.7% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 8,296 shares of the company’s stock valued at $349,000 after purchasing an additional 2,790 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO opened at $42.53 on Friday. The company has a market cap of $197.76 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a one year low of $36.64 and a one year high of $43.62. The business’s fifty day moving average is $41.60 and its two-hundred day moving average is $41.59.

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.