Edge Financial Advisors LLC Buys New Stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Edge Financial Advisors LLC bought a new position in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) in the 3rd quarter, Holdings Channel reports. The fund bought 9,404 shares of the company’s stock, valued at approximately $299,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC acquired a new position in Invesco S&P International Developed Quality ETF during the second quarter worth $44,000. New Insight Wealth Advisors purchased a new position in Invesco S&P International Developed Quality ETF during the first quarter worth $261,000. Fifth Third Securities Inc. raised its stake in Invesco S&P International Developed Quality ETF by 9.0% in the 2nd quarter. Fifth Third Securities Inc. now owns 9,530 shares of the company’s stock valued at $290,000 after purchasing an additional 784 shares during the last quarter. Private Advisor Group LLC boosted its position in Invesco S&P International Developed Quality ETF by 5.6% during the third quarter. Private Advisor Group LLC now owns 11,317 shares of the company’s stock worth $359,000 after acquiring an additional 597 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Invesco S&P International Developed Quality ETF by 3.5% in the second quarter. Commonwealth Equity Services LLC now owns 12,347 shares of the company’s stock valued at $376,000 after purchasing an additional 418 shares during the period.

Invesco S&P International Developed Quality ETF Trading Down 1.2 %

Shares of NYSEARCA IDHQ traded down $0.37 on Wednesday, reaching $30.24. 3,764 shares of the company traded hands, compared to its average volume of 52,902. The stock has a market capitalization of $282.74 million, a PE ratio of 15.06 and a beta of 0.88. The company has a 50 day moving average of $31.34 and a 200 day moving average of $30.78. Invesco S&P International Developed Quality ETF has a fifty-two week low of $25.23 and a fifty-two week high of $32.98.

Invesco S&P International Developed Quality ETF Company 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.