Thrivent Financial for Lutherans Buys 1,326 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Thrivent Financial for Lutherans grew its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 21.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,470 shares of the company’s stock after acquiring an additional 1,326 shares during the period. Thrivent Financial for Lutherans owned 0.16% of Invesco S&P International Developed Momentum ETF worth $304,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in Invesco S&P International Developed Momentum ETF by 78.2% during 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 during the last quarter. Stratos Wealth Advisors LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the fourth quarter worth $211,000. Truist Financial Corp bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $231,000. Avantax Advisory Services Inc. acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $260,000. Finally, Stratos Wealth Partners LTD. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 59.5% in 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 Down 7.9 %

Shares of Invesco S&P International Developed Momentum ETF stock opened at $40.38 on Friday. The stock has a market capitalization of $450.24 million, a price-to-earnings ratio of 17.47 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a twelve month low of $36.64 and a twelve month high of $45.67. The company has a 50-day simple moving average of $44.00 and a two-hundred day simple moving average of $42.50.

Invesco S&P International Developed Momentum ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a $0.2239 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.