Invesco S&P International Developed Momentum ETF $IDMO Shares Purchased by Royal Bank of Canada

Royal Bank of Canada increased its position in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 22.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,090 shares of the company’s stock after buying an additional 8,919 shares during the period. Royal Bank of Canada’s holdings in Invesco S&P International Developed Momentum ETF were worth $2,638,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings in Invesco S&P International Developed Momentum ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 4,549,563 shares of the company’s stock valued at $252,819,000 after buying an additional 677,990 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 33.2% during the 1st quarter. Cetera Investment Advisers now owns 2,098,429 shares of the company’s stock worth $115,078,000 after acquiring an additional 523,230 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco S&P International Developed Momentum ETF by 25.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,973,250 shares of the company’s stock worth $109,654,000 after acquiring an additional 398,485 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in shares of Invesco S&P International Developed Momentum ETF by 135.6% during 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 acquiring an additional 755,465 shares during the period. Finally, SHP Wealth Management acquired a new stake in shares of Invesco S&P International Developed Momentum ETF during the 4th quarter valued at about $47,926,000.

Invesco S&P International Developed Momentum ETF Price Performance

Shares of Invesco S&P International Developed Momentum ETF stock opened at $63.26 on Monday. Invesco S&P International Developed Momentum ETF has a twelve month low of $51.91 and a twelve month high of $63.50. The business has a 50-day moving average price of $60.36 and a 200 day moving average price of $58.99. The firm has a market cap of $4.27 billion, a PE ratio of 18.41 and a beta of 0.80.

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.