Cetera Investment Advisers Buys 523,230 Shares of Invesco S&P International Developed Momentum ETF $IDMO

Cetera Investment Advisers raised its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 33.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,098,429 shares of the company’s stock after acquiring an additional 523,230 shares during the quarter. Cetera Investment Advisers owned approximately 3.48% of Invesco S&P International Developed Momentum ETF worth $115,078,000 as of its most recent filing with the Securities & Exchange Commission.

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

Invesco S&P International Developed Momentum ETF Price Performance

NYSEARCA:IDMO opened at $59.45 on Friday. The company has a market capitalization of $3.99 billion, a P/E ratio of 18.41 and a beta of 0.80. The business has a fifty day simple moving average of $59.80 and a two-hundred day simple moving average of $58.50. Invesco S&P International Developed Momentum ETF has a 1 year low of $50.21 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.