Synergy Asset Management LLC Takes Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Synergy Asset Management LLC purchased a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 104,458 shares of the company’s stock, valued at approximately $4,392,000. Synergy Asset Management LLC owned 0.06% of Invesco S&P International Developed Momentum ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Founders Financial Securities LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 1st quarter worth $363,000. Brookstone Capital Management bought a new position in Invesco S&P International Developed Momentum ETF in the first quarter worth about $1,412,000. Southland Equity Partners LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 6.6% in the first quarter. Southland Equity Partners LLC now owns 13,279 shares of the company’s stock worth $558,000 after buying an additional 819 shares during the period. FinDec Wealth Services Inc. lifted its holdings in Invesco S&P International Developed Momentum ETF by 1.2% in the fourth quarter. FinDec Wealth Services Inc. now owns 64,317 shares of the company’s stock worth $2,369,000 after buying an additional 755 shares during the period. Finally, Private Advisor Group LLC boosted its position in Invesco S&P International Developed Momentum ETF by 39.3% during the 4th quarter. Private Advisor Group LLC now owns 66,587 shares of the company’s stock valued at $2,453,000 after acquiring an additional 18,792 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Trading Up 0.5 %

Shares of IDMO stock traded up $0.22 during midday trading on Tuesday, reaching $41.46. 19,929 shares of the stock were exchanged, compared to its average volume of 56,827. The firm has a market cap of $192.79 million, a PE ratio of 14.20 and a beta of 0.84. The company’s 50 day moving average is $40.96 and its two-hundred day moving average is $39.67. Invesco S&P International Developed Momentum ETF has a 1 year low of $31.73 and a 1 year high of $42.26.

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.