LPL Financial LLC Purchases 677,990 Shares of Invesco S&P International Developed Momentum ETF $IDMO

LPL Financial LLC increased its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 17.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,549,563 shares of the company’s stock after purchasing an additional 677,990 shares during the period. LPL Financial LLC owned approximately 0.09% of Invesco S&P International Developed Momentum ETF worth $252,819,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $25,000. Bessemer Group Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $29,000. Creative Financial Designs Inc. ADV grew its stake in shares of 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. JPMorgan Chase & Co. grew its stake in shares of Invesco S&P International Developed Momentum ETF by 756.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,284 shares of the company’s stock valued at $69,000 after purchasing an additional 1,134 shares during the period. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter valued at about $114,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.5%

Invesco S&P International Developed Momentum ETF stock opened at $57.93 on Wednesday. The business has a 50-day simple moving average of $58.91 and a two-hundred day simple moving average of $57.40. The company has a market cap of $3.50 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 52-week low of $48.79 and a 52-week high of $61.17.

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.