126,472 Shares in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 126,472 shares of the company’s stock, valued at approximately $5,140,000. Raymond James Financial Inc. owned 2.72% of Invesco S&P International Developed Momentum ETF as of its most recent SEC filing.

Several other large investors have also made changes to their positions in IDMO. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Invesco S&P International Developed Momentum ETF by 78.2% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 980 shares of the company’s stock worth $40,000 after purchasing an additional 430 shares in the last quarter. Stratos Wealth Advisors LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth $211,000. Truist Financial Corp purchased a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter worth $231,000. Thrivent Financial for Lutherans boosted its position 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 worth $259,000 after acquiring an additional 553 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its stake in Invesco S&P International Developed Momentum ETF by 59.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 8,118 shares of the company’s stock valued at $330,000 after acquiring an additional 3,028 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Stock Up 0.9 %

Shares of IDMO stock opened at $45.44 on Wednesday. The company’s fifty day simple moving average is $43.65 and its two-hundred day simple moving average is $42.38. Invesco S&P International Developed Momentum ETF has a 52 week low of $36.64 and a 52 week high of $45.67. The stock has a market cap of $506.66 million, a P/E ratio of 17.47 and a beta of 0.84.

Invesco S&P International Developed Momentum ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.2239 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.