LPL Financial LLC Grows Position in Invesco S&P International Developed Momentum ETF $IDMO

LPL Financial LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 17.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,549,563 shares of the company’s stock after purchasing an additional 677,990 shares during the quarter. LPL Financial LLC owned approximately 8.98% of Invesco S&P International Developed Momentum ETF worth $252,819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IDMO. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P International Developed Momentum ETF by 25.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after buying an additional 398,485 shares in the last quarter. Equitable Holdings Inc. grew its position in Invesco S&P International Developed Momentum ETF by 18.2% during the third quarter. Equitable Holdings Inc. now owns 562,832 shares of the company’s stock valued at $30,387,000 after acquiring an additional 86,767 shares during the last quarter. RFG Advisory LLC grew its position in Invesco S&P International Developed Momentum ETF by 12.7% during the fourth quarter. RFG Advisory LLC now owns 557,819 shares of the company’s stock valued at $30,998,000 after acquiring an additional 62,863 shares during the last quarter. Jane Street Group LLC grew its position in Invesco S&P International Developed Momentum ETF by 3,902.6% during the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after acquiring an additional 536,064 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 12.6% in the fourth quarter. Adamsbrown Wealth Consultants LLC now owns 548,779 shares of the company’s stock worth $30,496,000 after purchasing an additional 61,555 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $57.93 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52-week low of $48.79 and a 52-week high of $61.17. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The company’s 50 day moving average price is $58.91 and its 200-day moving average price is $57.40.

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