Private Advisor Group LLC Raises Stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Private Advisor Group LLC boosted its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 323.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 37,429 shares of the company’s stock after acquiring an additional 28,582 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $1,521,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cyr Financial Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF during the fourth quarter worth approximately $5,295,000. MML Investors Services LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 58.4% in the third quarter. MML Investors Services LLC now owns 176,640 shares of the company’s stock valued at $7,433,000 after acquiring an additional 65,146 shares in the last quarter. Systelligence LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 42.2% during the fourth quarter. Systelligence LLC now owns 218,908 shares of the company’s stock worth $8,896,000 after purchasing an additional 64,965 shares during the period. Jane Street Group LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 69.1% during the third quarter. Jane Street Group LLC now owns 110,020 shares of the company’s stock worth $4,630,000 after purchasing an additional 44,972 shares during the period. Finally, Retireful LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the fourth quarter worth $1,479,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Invesco S&P International Developed Momentum ETF stock opened at $44.10 on Thursday. The company has a 50-day simple moving average of $42.21 and a 200-day simple moving average of $42.00. The firm has a market capitalization of $205.07 million, a P/E ratio of 14.20 and a beta of 0.84. Invesco S&P International Developed Momentum ETF has a one year low of $36.64 and a one year high of $44.72.

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.