Riverstone Advisors LLC Boosts Stock Position in Invesco S&P International Developed Momentum ETF $IDMO

Riverstone Advisors LLC boosted its position in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 120.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,832 shares of the company’s stock after purchasing an additional 11,385 shares during the quarter. Invesco S&P International Developed Momentum ETF makes up approximately 0.6% of Riverstone Advisors LLC’s investment portfolio, making the stock its 20th largest holding. Riverstone Advisors LLC owned about 0.05% of Invesco S&P International Developed Momentum ETF worth $1,125,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of IDMO. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco S&P International Developed Momentum ETF by 181.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 683,555 shares of the company’s stock worth $35,025,000 after buying an additional 440,468 shares during the last quarter. Jane Street Group LLC boosted its stake in Invesco S&P International Developed Momentum ETF by 3,902.6% in the second quarter. Jane Street Group LLC now owns 549,800 shares of the company’s stock valued at $28,172,000 after acquiring an additional 536,064 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in Invesco S&P International Developed Momentum ETF by 2.4% in the second quarter. Great Valley Advisor Group Inc. now owns 542,290 shares of the company’s stock worth $27,787,000 after purchasing an additional 12,759 shares during the last quarter. RFG Advisory LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 3,550.9% during the third quarter. RFG Advisory LLC now owns 494,956 shares of the company’s stock worth $26,723,000 after purchasing an additional 481,399 shares in the last quarter. Finally, Adamsbrown Wealth Consultants LLC increased its position in shares of Invesco S&P International Developed Momentum ETF by 776.3% during the third quarter. Adamsbrown Wealth Consultants LLC now owns 487,224 shares of the company’s stock worth $26,305,000 after purchasing an additional 431,622 shares in the last quarter.

Invesco S&P International Developed Momentum ETF Price Performance

Invesco S&P International Developed Momentum ETF stock opened at $58.35 on Friday. Invesco S&P International Developed Momentum ETF has a 1-year low of $38.35 and a 1-year high of $59.60. The business has a fifty day moving average price of $56.97 and a 200-day moving average price of $54.62. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 18.41 and a beta of 0.80.

Invesco S&P International Developed Momentum ETF Company 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. IDMO was launched on Feb 24, 2012 and is managed by Invesco.