Cetera Investment Advisers Buys 26,272 Shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO)

Cetera Investment Advisers grew its stake in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 228.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,762 shares of the company’s stock after acquiring an additional 26,272 shares during the period. Cetera Investment Advisers owned 0.81% of Invesco S&P International Developed Momentum ETF worth $1,560,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IDMO. ICA Group Wealth Management LLC lifted its position in shares of Invesco S&P International Developed Momentum ETF by 214.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 997 shares of the company’s stock worth $41,000 after purchasing an additional 680 shares during the period. Key Client Fiduciary Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $227,000. Cetera Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the first quarter valued at approximately $239,000. MONECO Advisors LLC purchased a new stake in Invesco S&P International Developed Momentum ETF during the second quarter valued at approximately $246,000. Finally, Harbour Investments Inc. lifted its position in Invesco S&P International Developed Momentum ETF by 13.7% during the second quarter. Harbour Investments Inc. now owns 7,553 shares of the company’s stock valued at $312,000 after acquiring an additional 911 shares during the last quarter.

Invesco S&P International Developed Momentum ETF Stock Down 1.0 %

NYSEARCA:IDMO opened at $41.78 on Wednesday. Invesco S&P International Developed Momentum ETF has a 52 week low of $31.73 and a 52 week high of $43.30. The firm has a 50 day moving average of $41.63 and a 200 day moving average of $41.29. The stock has a market capitalization of $194.28 million, a price-to-earnings ratio of 14.20 and a beta of 0.84.

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.