Centaurus Financial Inc. boosted its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 47.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 186,512 shares of the company’s stock after acquiring an additional 60,344 shares during the period. Centaurus Financial Inc. owned 0.31% of Invesco S&P International Developed Momentum ETF worth $10,228,000 at the end of the most recent reporting period.
Several other hedge funds also recently added to or reduced their stakes in IDMO. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $85,022,000 after purchasing an additional 891,210 shares during the period. SHP Wealth Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at $47,926,000. Great Valley Advisor Group Inc. grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 135.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 1,312,503 shares of the company’s stock worth $72,936,000 after purchasing an additional 755,465 shares during the period. LPL Financial LLC grew its holdings in shares of Invesco S&P International Developed Momentum ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after purchasing an additional 677,990 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% during the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after purchasing an additional 536,064 shares during the last quarter.
Invesco S&P International Developed Momentum ETF Trading Down 1.4%
Shares of IDMO opened at $58.24 on Thursday. The firm has a market cap of $3.91 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 12-month low of $50.21 and a 12-month high of $62.20. The company’s 50-day moving average price is $59.82 and its 200 day moving average price is $58.56.
Invesco S&P International Developed Momentum ETF Company 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.
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