Raymond James & Associates Acquires 3,244 Shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Raymond James & Associates increased its holdings in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,016 shares of the company’s stock after purchasing an additional 3,244 shares during the quarter. Raymond James & Associates owned approximately 2.15% of Invesco S&P International Developed Quality ETF worth $6,115,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chaney Capital Management Inc. purchased a new stake in Invesco S&P International Developed Quality ETF during the 2nd quarter valued at approximately $2,493,000. Cornerstone Wealth Management LLC boosted its position in shares of Invesco S&P International Developed Quality ETF by 2.3% during the second quarter. Cornerstone Wealth Management LLC now owns 140,979 shares of the company’s stock worth $4,289,000 after acquiring an additional 3,152 shares during the last quarter. Fifth Third Securities Inc. grew its stake in Invesco S&P International Developed Quality ETF by 9.0% during the second quarter. Fifth Third Securities Inc. now owns 9,530 shares of the company’s stock valued at $290,000 after acquiring an additional 784 shares in the last quarter. Cetera Advisors LLC purchased a new position in Invesco S&P International Developed Quality ETF during the 1st quarter valued at approximately $422,000. Finally, Cetera Investment Advisers bought a new stake in Invesco S&P International Developed Quality ETF in the 1st quarter worth approximately $1,613,000.

Invesco S&P International Developed Quality ETF Stock Performance

NYSEARCA IDHQ opened at $32.01 on Wednesday. The stock has a 50 day moving average price of $30.71 and a 200-day moving average price of $30.43. Invesco S&P International Developed Quality ETF has a one year low of $25.00 and a one year high of $32.04. The company has a market capitalization of $299.29 million, a P/E ratio of 15.06 and a beta of 0.88.

Invesco S&P International Developed Quality ETF Profile

The PowerShares S&P International Developed High Quality Portfolio (Fund), formerly the PowerShares Dynamic Developed International Opportunities Portfolio, is based on the S&P BMI International Developed High Quality Rankings Index (the Underlying Index). The Fund will invest at least 90% of its total assets in companies that are identified by the Index as high quality stocks based on historical records of earnings and dividends.