Sonoma Allocations LLC lifted its stake in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 39.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,032 shares of the company’s stock after acquiring an additional 55,693 shares during the quarter. Invesco S&P International Developed Momentum ETF accounts for 3.8% of Sonoma Allocations LLC’s portfolio, making the stock its 7th largest holding. Sonoma Allocations LLC owned 0.39% of Invesco S&P International Developed Momentum ETF worth $11,436,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of IDMO. Northwestern Mutual Wealth Management Co. raised its position 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 purchasing an additional 891,210 shares during the period. Great Valley Advisor Group Inc. boosted its position in shares of 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 during the period. LPL Financial LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock worth $252,819,000 after buying an additional 677,990 shares during the period. Jane Street Group LLC raised its holdings in Invesco S&P International Developed Momentum ETF by 3,902.6% during the 2nd quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock worth $28,172,000 after buying an additional 536,064 shares during the period. Finally, Citadel Advisors LLC lifted its stake in Invesco S&P International Developed Momentum ETF by 1,594.2% during the third quarter. Citadel Advisors LLC now owns 544,519 shares of the company’s stock valued at $29,399,000 after buying an additional 512,378 shares in the last quarter.
Invesco S&P International Developed Momentum ETF Trading Up 0.9%
IDMO stock opened at $61.49 on Friday. Invesco S&P International Developed Momentum ETF has a one year low of $48.79 and a one year high of $62.10. The firm has a 50-day moving average of $59.54 and a two-hundred day moving average of $57.72. The firm has a market capitalization of $3.71 billion, a PE ratio of 18.41 and a beta of 0.80.
Invesco S&P International Developed Momentum ETF 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.
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