LPL Financial LLC Has $1.88 Million Position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

LPL Financial LLC boosted its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Get Rating) by 65.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 59,477 shares of the company’s stock after acquiring an additional 23,616 shares during the quarter. LPL Financial LLC owned about 0.09% of Invesco S&P International Developed Momentum ETF worth $1,883,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. UBS Group AG acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter valued at $53,000. Brinker Capital Investments LLC boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 7.3% in the 1st quarter. Brinker Capital Investments LLC now owns 7,673 shares of the company’s stock valued at $265,000 after purchasing an additional 524 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 3rd quarter valued at $300,000. Finally, FinDec Wealth Services Inc. acquired a new stake in shares of Invesco S&P International Developed Momentum ETF in the 4th quarter valued at $1,869,000.

Invesco S&P International Developed Momentum ETF Stock Performance

Shares of NYSEARCA:IDMO opened at $32.72 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52 week low of $26.68 and a 52 week high of $34.15. The company’s fifty day moving average is $32.64 and its 200-day moving average is $32.20. The company has a market capitalization of $24.54 million, a PE ratio of 9.54 and a beta of 0.78.

Invesco S&P International Developed Momentum ETF Company Profile

(Get Rating)

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.