Sanctuary Advisors LLC Cuts Stake in Invesco S&P International Developed Momentum ETF $IDMO

Sanctuary Advisors LLC lessened its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 20.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 44,362 shares of the company’s stock after selling 11,405 shares during the period. Sanctuary Advisors LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,433,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco S&P International Developed Momentum ETF by 130.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock worth $85,022,000 after acquiring an additional 891,210 shares during the period. SHP Wealth Management acquired a new stake in Invesco S&P International Developed Momentum ETF in the fourth quarter valued at about $47,926,000. Great Valley Advisor Group Inc. boosted its holdings in 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. LPL Financial LLC boosted its holdings in Invesco S&P International Developed Momentum ETF by 17.5% in the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock valued at $252,819,000 after purchasing an additional 677,990 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% in the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after purchasing an additional 536,064 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Trading Up 2.5%

NYSEARCA IDMO opened at $60.00 on Wednesday. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80. The business’s 50 day moving average is $59.83 and its two-hundred day moving average is $58.44. 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.