Ameritas Advisory Services LLC Has $591,000 Holdings in Invesco S&P International Developed Momentum ETF $IDMO

Ameritas Advisory Services LLC reduced its holdings in Invesco S&P International Developed Momentum ETF (NYSEARCA:IDMO) by 62.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,953 shares of the company’s stock after selling 18,605 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco S&P International Developed Momentum ETF were worth $591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV purchased a new position in Invesco S&P International Developed Momentum ETF during the second quarter worth about $25,000. Bessemer Group Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF during the third quarter worth $29,000. WPG Advisers LLC bought a new position in Invesco S&P International Developed Momentum ETF in the 3rd quarter worth about $55,000. Private Trust Co. NA boosted its position in shares of Invesco S&P International Developed Momentum ETF by 99.8% in the second quarter. Private Trust Co. NA now owns 1,107 shares of the company’s stock valued at $57,000 after acquiring an additional 553 shares during the period. Finally, TD Waterhouse Canada Inc. purchased a new stake in shares of Invesco S&P International Developed Momentum ETF in the third quarter worth $71,000.

Invesco S&P International Developed Momentum ETF Stock Down 0.0%

Shares of IDMO stock opened at $58.35 on Monday. The firm has a market cap of $2.96 billion, a P/E ratio of 18.41 and a beta of 0.80. Invesco S&P International Developed Momentum ETF has a 12-month low of $38.35 and a 12-month high of $59.60. The business has a 50-day moving average price of $56.97 and a two-hundred day moving average price of $54.64.

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.