Trademark Financial Management LLC Invests $428,000 in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Trademark Financial Management LLC purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,530 shares of the company’s stock, valued at approximately $428,000. Trademark Financial Management LLC owned 0.23% of Invesco S&P International Developed Momentum ETF at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. grew its stake in Invesco S&P International Developed Momentum ETF by 78.2% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980 shares of the company’s stock worth $40,000 after buying an additional 430 shares during the last quarter. Crewe Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF in the third quarter worth about $107,000. Stratos Wealth Advisors LLC acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter worth about $211,000. Main Street Financial Solutions LLC acquired a new stake in Invesco S&P International Developed Momentum ETF during the 3rd quarter worth $238,000. Finally, Leavell Investment Management Inc. bought a new stake in Invesco S&P International Developed Momentum ETF in the third quarter valued at about $257,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA:IDMO opened at $44.04 on Friday. The firm’s 50 day simple moving average is $41.94 and its 200 day simple moving average is $41.74. The company has a market capitalization of $204.79 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $36.64 and a fifty-two week high of $44.30.

Invesco S&P International Developed Momentum ETF 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.