Invesco S&P International Developed Momentum ETF $IDMO Stock Position Lessened by RFG Advisory LLC

RFG Advisory LLC trimmed its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 75.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 142,809 shares of the company’s stock after selling 427,616 shares during the period. RFG Advisory LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $8,610,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of IDMO. Northwestern Mutual Wealth Management Co. grew its position in Invesco S&P International Developed Momentum ETF by 130.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock valued at $85,022,000 after buying an additional 891,210 shares in the last quarter. SHP Wealth Management bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter worth about $47,926,000. Great Valley Advisor Group Inc. lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 135.6% in the 4th quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after acquiring an additional 755,465 shares during the period. LPL Financial LLC lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after acquiring an additional 677,990 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% in the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after acquiring an additional 536,064 shares during the period.

Invesco S&P International Developed Momentum ETF Price Performance

NYSEARCA IDMO opened at $63.37 on Wednesday. Invesco S&P International Developed Momentum ETF has a 12 month low of $52.14 and a 12 month high of $63.88. The firm has a market capitalization of $4.27 billion, a PE ratio of 18.41 and a beta of 0.79. The company’s 50 day simple moving average is $61.35 and its 200 day simple moving average is $59.50.

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