Cambridge Investment Research Advisors Inc. Has $25.29 Million Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Cambridge Investment Research Advisors Inc. raised its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 455,015 shares of the company’s stock after purchasing an additional 48,989 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Invesco S&P International Developed Momentum ETF were worth $25,285,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IDMO. Capstone Wealth Management Group LLC acquired a new position in Invesco S&P International Developed Momentum ETF in the first quarter valued at about $1,171,000. Creative Planning bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $269,000. CW Advisors LLC bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $226,000. Raymond James Financial Inc. raised its stake in shares of Invesco S&P International Developed Momentum ETF by 65.9% in the second quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after acquiring an additional 88,971 shares during the last quarter. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF in the second quarter worth about $366,000.

Invesco S&P International Developed Momentum ETF Trading Up 0.4%

Shares of NYSEARCA IDMO opened at $59.17 on Tuesday. Invesco S&P International Developed Momentum ETF has a 1-year low of $48.60 and a 1-year high of $61.17. The company has a market cap of $3.57 billion, a PE ratio of 18.41 and a beta of 0.81. The company has a 50-day moving average of $57.52 and a two-hundred day moving average of $56.79.

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.