RFG Advisory LLC Boosts Stake in Invesco S&P International Developed Momentum ETF $IDMO

RFG Advisory LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 557,819 shares of the company’s stock after buying an additional 62,863 shares during the period. Invesco S&P International Developed Momentum ETF comprises approximately 0.6% of RFG Advisory LLC’s investment portfolio, making the stock its 22nd biggest position. RFG Advisory LLC owned 1.13% of Invesco S&P International Developed Momentum ETF worth $30,998,000 at the end of the most recent quarter.

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 Invesco S&P International Developed Momentum ETF by 130.4% in the third 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 period. Equitable Holdings Inc. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 18.2% in the third quarter. Equitable Holdings Inc. now owns 562,832 shares of the company’s stock worth $30,387,000 after purchasing an additional 86,767 shares during the last quarter. Jane Street Group LLC increased its stake in 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 buying an additional 536,064 shares during the period. Adamsbrown Wealth Consultants LLC lifted its holdings in Invesco S&P International Developed Momentum ETF by 12.6% during the 4th quarter. Adamsbrown Wealth Consultants LLC now owns 548,779 shares of the company’s stock valued at $30,496,000 after buying an additional 61,555 shares in the last quarter. Finally, Citadel Advisors LLC boosted its position in Invesco S&P International Developed Momentum ETF by 1,594.2% in the 3rd quarter. Citadel Advisors LLC now owns 544,519 shares of the company’s stock valued at $29,399,000 after buying an additional 512,378 shares during the period.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA:IDMO opened at $59.07 on Wednesday. The firm has a market cap of $3.56 billion, a PE ratio of 18.41 and a beta of 0.81. The firm’s 50 day simple moving average is $57.31 and its 200-day simple moving average is $56.35. Invesco S&P International Developed Momentum ETF has a one year low of $47.14 and a one year high of $60.65.

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.