Next Level Private LLC Buys New Shares in Invesco S&P International Developed Momentum ETF $IDMO

Next Level Private LLC purchased a new stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,734 shares of the company’s stock, valued at approximately $863,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 130.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 1,574,765 shares of the company’s stock valued at $85,022,000 after buying an additional 891,210 shares in the last quarter. SHP Wealth Management bought a new stake in Invesco S&P International Developed Momentum ETF during the 4th quarter worth approximately $47,926,000. Great Valley Advisor Group Inc. lifted its holdings in Invesco S&P International Developed Momentum ETF by 135.6% during the fourth 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 lifted its holdings in Invesco S&P International Developed Momentum ETF by 17.5% during the fourth 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 position in shares of Invesco S&P International Developed Momentum ETF by 3,902.6% in the second 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 period.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of NYSEARCA IDMO opened at $59.60 on Monday. The firm has a fifty day moving average price of $59.66 and a 200-day moving average price of $57.97. The stock has a market cap of $3.60 billion, a PE ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 1 year low of $50.20 and a 1 year 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.