Brookstone Capital Management Takes $1.41 Million Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Brookstone Capital Management purchased a new stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 33,576 shares of the company’s stock, valued at approximately $1,412,000. Brookstone Capital Management owned approximately 1.98% of Invesco S&P International Developed Momentum ETF at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IDMO. LPL Financial LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 138.3% in the third quarter. LPL Financial LLC now owns 172,070 shares of the company’s stock valued at $5,709,000 after acquiring an additional 99,857 shares in the last quarter. Redhawk Wealth Advisors Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $2,089,000. ORG Partners LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $780,000. Private Advisor Group LLC boosted its position in Invesco S&P International Developed Momentum ETF by 39.3% during the fourth quarter. Private Advisor Group LLC now owns 66,587 shares of the company’s stock worth $2,453,000 after acquiring an additional 18,792 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in Invesco S&P International Developed Momentum ETF by 242.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 20,828 shares of the company’s stock valued at $767,000 after acquiring an additional 14,738 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

IDMO opened at $41.30 on Friday. The firm has a market capitalization of $192.05 million, a price-to-earnings ratio of 14.20 and a beta of 0.84. The company’s 50 day simple moving average is $40.94 and its two-hundred day simple moving average is $39.59. Invesco S&P International Developed Momentum ETF has a 1-year low of $31.73 and a 1-year high of $42.26.

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.