RFG Advisory LLC Purchases 62,863 Shares of Invesco S&P International Developed Momentum ETF $IDMO

RFG Advisory LLC lifted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 12.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 557,819 shares of the company’s stock after buying an additional 62,863 shares during the period. Invesco S&P International Developed Momentum ETF accounts for 0.6% of RFG Advisory LLC’s portfolio, making the stock its 22nd biggest position. RFG Advisory LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $30,998,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Capstone Wealth Management Group LLC bought a new position in Invesco S&P International Developed Momentum ETF during the 1st quarter worth about $1,171,000. Creative Planning bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at about $269,000. CW Advisors LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 2nd quarter valued at about $226,000. Raymond James Financial Inc. lifted its position in shares of Invesco S&P International Developed Momentum ETF by 65.9% in the 2nd quarter. Raymond James Financial Inc. now owns 224,078 shares of the company’s stock worth $11,482,000 after purchasing an additional 88,971 shares during the period. Finally, Ausdal Financial Partners Inc. bought a new position in shares of Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $366,000.

Invesco S&P International Developed Momentum ETF Stock Up 1.3%

Shares of IDMO stock opened at $59.07 on Wednesday. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 18.41 and a beta of 0.81. Invesco S&P International Developed Momentum ETF has a 52-week low of $47.14 and a 52-week high of $60.65. The company’s 50 day moving average is $57.31 and its 200 day moving average is $56.35.

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.