Cetera Investment Advisers Boosts Stock Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Cetera Investment Advisers grew its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 33.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,098,429 shares of the company’s stock after purchasing an additional 523,230 shares during the period. Cetera Investment Advisers’ holdings in Invesco S&P International Developed Momentum ETF were worth $115,078,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Embree Financial Group lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 39.5% during the fourth quarter. Embree Financial Group now owns 61,685 shares of the company’s stock worth $3,428,000 after purchasing an additional 17,469 shares in the last quarter. ORG Partners LLC raised its holdings in shares of Invesco S&P International Developed Momentum ETF by 12.0% during the 4th quarter. ORG Partners LLC now owns 195,267 shares of the company’s stock valued at $10,853,000 after buying an additional 20,904 shares during the period. Foresight Capital Management Advisors Inc. lifted its position in Invesco S&P International Developed Momentum ETF by 112.5% during the 4th quarter. Foresight Capital Management Advisors Inc. now owns 99,107 shares of the company’s stock worth $5,507,000 after acquiring an additional 52,469 shares in the last quarter. Welch Financial Planning LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter worth approximately $4,858,000. Finally, Triad Wealth Partners LLC purchased a new position in Invesco S&P International Developed Momentum ETF in the 4th quarter worth approximately $498,000.

Invesco S&P International Developed Momentum ETF Stock Down 1.6%

IDMO opened at $59.45 on Friday. The firm’s 50 day moving average is $59.80 and its 200-day moving average is $58.50. Invesco S&P International Developed Momentum ETF has a 52-week low of $50.21 and a 52-week high of $62.20. The firm has a market capitalization of $3.99 billion, a P/E ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF 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.