Trademark Financial Management LLC increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 13.8% during the first quarter, Holdings Channel reports. The institutional investor owned 136,432 shares of the company’s stock after buying an additional 16,571 shares during the quarter. Invesco S&P International Developed Momentum ETF comprises about 3.7% of Trademark Financial Management LLC’s portfolio, making the stock its 7th largest holding. Trademark Financial Management LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $7,482,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Invesco S&P International Developed Momentum ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after acquiring an additional 677,990 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 25.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock valued at $109,654,000 after purchasing an additional 398,485 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Invesco S&P International Developed Momentum ETF by 42.7% in the 4th quarter. Cetera Investment Advisers now owns 1,575,199 shares of the company’s stock valued at $87,534,000 after purchasing an additional 471,320 shares during the last quarter. Great Valley Advisor Group Inc. raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 135.6% in the 4th 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 in the last quarter. Finally, SHP Wealth Management acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at $47,926,000.
Invesco S&P International Developed Momentum ETF Trading Up 0.5%
Invesco S&P International Developed Momentum ETF stock opened at $60.17 on Friday. The stock has a market cap of $3.92 billion, a P/E ratio of 18.41 and a beta of 0.80. The company has a fifty day simple moving average of $59.72 and a 200-day simple moving average of $58.09. Invesco S&P International Developed Momentum ETF has a 12-month low of $50.21 and a 12-month high of $62.20.
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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Want to see what other hedge funds are holding IDMO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report).
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