Citadel Advisors LLC cut its holdings in shares of Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO – Free Report) by 41.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,400 shares of the company’s stock after selling 63,704 shares during the quarter. Citadel Advisors LLC owned about 0.14% of Invesco S&P International Developed Momentum ETF worth $5,511,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new position in shares of Invesco S&P International Developed Momentum ETF during the 3rd quarter valued at about $25,000. Harbor Asset Planning Inc. purchased a new stake in Invesco S&P International Developed Momentum ETF in the first quarter valued at approximately $41,000. Bessemer Group Inc. increased its position in Invesco S&P International Developed Momentum ETF by 90.6% during the first quarter. Bessemer Group Inc. now owns 1,010 shares of the company’s stock worth $55,000 after purchasing an additional 480 shares during the last quarter. Clarity Asset Management Inc. acquired a new position in Invesco S&P International Developed Momentum ETF during the fourth quarter worth approximately $62,000. Finally, Creative Financial Designs Inc. ADV raised its stake in Invesco S&P International Developed Momentum ETF by 45.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,154 shares of the company’s stock worth $64,000 after purchasing an additional 361 shares during the period.
Invesco S&P International Developed Momentum ETF Price Performance
Shares of IDMO opened at $63.46 on Tuesday. The firm has a market cap of $4.28 billion, a PE ratio of 18.41 and a beta of 0.79. The company’s fifty day moving average is $61.29 and its two-hundred day moving average is $59.47. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $52.14 and a fifty-two week high of $63.88.
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.
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