Invesco S&P International Developed Quality ETF $IDHQ Stock Sold by KWB Wealth

KWB Wealth reduced its holdings in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 37.3% during the third quarter, Holdings Channel reports. The firm owned 340,589 shares of the company’s stock after selling 202,336 shares during the period. Invesco S&P International Developed Quality ETF makes up 1.3% of KWB Wealth’s portfolio, making the stock its 16th largest holding. KWB Wealth’s holdings in Invesco S&P International Developed Quality ETF were worth $14,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Meridian Financial Advisors LLC boosted its holdings in Invesco S&P International Developed Quality ETF by 1.7% during the first quarter. Meridian Financial Advisors LLC now owns 17,919 shares of the company’s stock worth $634,000 after buying an additional 298 shares in the last quarter. Parallel Advisors LLC grew its position in Invesco S&P International Developed Quality ETF by 79.7% in the first quarter. Parallel Advisors LLC now owns 2,618 shares of the company’s stock worth $93,000 after buying an additional 1,161 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Invesco S&P International Developed Quality ETF by 15.8% in the first quarter. Royal Bank of Canada now owns 8,665 shares of the company’s stock valued at $306,000 after buying an additional 1,180 shares in the last quarter. Valued Retirements Inc. increased its holdings in shares of Invesco S&P International Developed Quality ETF by 22.0% in the second quarter. Valued Retirements Inc. now owns 7,555 shares of the company’s stock valued at $330,000 after buying an additional 1,364 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of Invesco S&P International Developed Quality ETF by 7.5% in the first quarter. Kestra Private Wealth Services LLC now owns 20,180 shares of the company’s stock valued at $714,000 after buying an additional 1,412 shares in the last quarter.

Invesco S&P International Developed Quality ETF Price Performance

Shares of NYSEARCA:IDHQ traded down $0.03 on Friday, reaching $43.94. 136,605 shares of the company traded hands, compared to its average volume of 134,463. Invesco S&P International Developed Quality ETF has a fifty-two week low of $33.24 and a fifty-two week high of $46.35. The company’s 50 day moving average is $44.51 and its 200-day moving average is $42.28. The stock has a market capitalization of $1.15 billion, a PE ratio of 19.13 and a beta of 0.91.

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. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.