RFG Advisory LLC Buys 12,606 Shares of Invesco S&P International Developed Momentum ETF $IDMO

RFG Advisory LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 570,425 shares of the company’s stock after acquiring an additional 12,606 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for approximately 0.6% of RFG Advisory LLC’s portfolio, making the stock its 23rd largest holding. RFG Advisory LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $31,282,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Invesco S&P International Developed Momentum ETF by 17.5% during the fourth quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after purchasing an additional 677,990 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 25.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock valued at $109,654,000 after purchasing an additional 398,485 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 42.7% during the 4th quarter. Cetera Investment Advisers now owns 1,575,199 shares of the company’s stock valued at $87,534,000 after buying an additional 471,320 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 135.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock valued at $72,936,000 after buying an additional 755,465 shares in the last quarter. Finally, SHP Wealth Management purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter valued at about $47,926,000.

Invesco S&P International Developed Momentum ETF Price Performance

NYSEARCA:IDMO opened at $59.41 on Thursday. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The business has a 50 day moving average of $59.66 and a 200 day moving average of $57.90. Invesco S&P International Developed Momentum ETF has a 1-year low of $49.92 and a 1-year high of $62.20.

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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.