Ameritas Advisory Services LLC Invests $1.52 Million in Invesco S&P International Developed Momentum ETF $IDMO

Ameritas Advisory Services LLC bought a new position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 29,558 shares of the company’s stock, valued at approximately $1,515,000.

Several other hedge funds and other institutional investors also recently modified their holdings of IDMO. LPL Financial LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 64.1% in the 1st quarter. LPL Financial LLC now owns 934,345 shares of the company’s stock worth $41,261,000 after purchasing an additional 365,136 shares during the last quarter. CWM LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter worth about $12,848,000. McIlrath & Eck LLC bought a new stake in shares of Invesco S&P International Developed Momentum ETF in the 1st quarter worth about $11,939,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Momentum ETF by 4,988.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 243,087 shares of the company’s stock worth $10,735,000 after purchasing an additional 238,310 shares during the last quarter. Finally, StoneCrest Wealth Management Inc. bought a new stake in shares of Invesco S&P International Developed Momentum ETF during the 2nd quarter valued at about $8,223,000.

Invesco S&P International Developed Momentum ETF Stock Up 0.4%

Shares of NYSEARCA:IDMO opened at $54.35 on Friday. Invesco S&P International Developed Momentum ETF has a fifty-two week low of $38.35 and a fifty-two week high of $54.43. The firm has a 50-day simple moving average of $52.87 and a 200 day simple moving average of $49.65. The company has a market cap of $1.89 billion, a PE ratio of 18.41 and a beta of 0.78.

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.