RFG Advisory LLC cut its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 75.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,809 shares of the company’s stock after selling 427,616 shares during the period. RFG Advisory LLC owned 0.21% of Invesco S&P International Developed Momentum ETF worth $8,610,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in IDMO. Triumph Capital Management bought a new position in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth about $25,000. Harbor Asset Planning Inc. bought a new stake in Invesco S&P International Developed Momentum ETF in the 1st quarter valued at about $41,000. Bessemer Group Inc. lifted its position in Invesco S&P International Developed Momentum ETF by 90.6% in the 1st quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock valued at $55,000 after purchasing an additional 480 shares during the last quarter. Clarity Asset Management Inc. acquired a new position in Invesco S&P International Developed Momentum ETF during the 4th quarter valued at about $62,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in Invesco S&P International Developed Momentum ETF by 45.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock valued at $64,000 after purchasing an additional 361 shares during the period.
Invesco S&P International Developed Momentum ETF Trading Down 0.1%
NYSEARCA IDMO opened at $63.37 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52 week low of $52.14 and a 52 week high of $63.88. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 18.41 and a beta of 0.79. The company has a 50-day moving average price of $61.35 and a two-hundred day moving average price of $59.50.
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.
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