Raymond James & Associates Has $6.48 Million Stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Raymond James & Associates increased its position in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 1.5% during the third quarter, HoldingsChannel reports. The fund owned 204,098 shares of the company’s stock after buying an additional 3,082 shares during the quarter. Raymond James & Associates’ holdings in Invesco S&P International Developed Quality ETF were worth $6,482,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IDHQ. BOS Asset Management LLC acquired a new stake in shares of Invesco S&P International Developed Quality ETF during the first quarter worth $4,546,000. Avantax Advisory Services Inc. lifted its stake in Invesco S&P International Developed Quality ETF by 14.9% in the first quarter. Avantax Advisory Services Inc. now owns 188,201 shares of the company’s stock valued at $5,772,000 after buying an additional 24,354 shares during the period. New Insight Wealth Advisors bought a new position in shares of Invesco S&P International Developed Quality ETF during the 1st quarter worth approximately $261,000. Cedar Wealth Management LLC grew its position in shares of Invesco S&P International Developed Quality ETF by 3.5% during the 1st quarter. Cedar Wealth Management LLC now owns 781,521 shares of the company’s stock worth $23,969,000 after buying an additional 26,511 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of Invesco S&P International Developed Quality ETF in the 1st quarter valued at $1,613,000.

Invesco S&P International Developed Quality ETF Stock Down 1.7 %

Invesco S&P International Developed Quality ETF stock opened at $29.79 on Friday. The company has a market capitalization of $278.54 million, a PE ratio of 15.06 and a beta of 0.88. The firm’s fifty day moving average is $31.27 and its 200 day moving average is $30.77. Invesco S&P International Developed Quality ETF has a 12-month low of $25.23 and a 12-month high of $32.98.

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.