Invesco S&P International Developed Momentum ETF $IDMO Shares Bought by RFG Advisory LLC

RFG Advisory LLC raised its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 3,550.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 494,956 shares of the company’s stock after buying an additional 481,399 shares during the period. Invesco S&P International Developed Momentum ETF comprises about 0.6% of RFG Advisory LLC’s portfolio, making the stock its 27th largest holding. RFG Advisory LLC owned 1.29% of Invesco S&P International Developed Momentum ETF worth $26,723,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Creative Financial Designs Inc. ADV purchased a new position in Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $25,000. Bessemer Group Inc. purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at approximately $29,000. WPG Advisers LLC purchased a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at approximately $55,000. Private Trust Co. NA lifted its stake in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the 2nd quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after purchasing an additional 553 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF during the third quarter worth $71,000.

Invesco S&P International Developed Momentum ETF Stock Performance

IDMO stock opened at $58.40 on Monday. Invesco S&P International Developed Momentum ETF has a one year low of $38.35 and a one year high of $58.97. The firm’s fifty day moving average is $56.53 and its 200 day moving average is $54.38. The firm has a market cap of $2.96 billion, a PE ratio of 18.41 and a beta of 0.80.

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.