Avantax Advisory Services Inc. Boosts Stock Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Avantax Advisory Services Inc. lifted its stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 231,916 shares of the company’s stock after acquiring an additional 5,512 shares during the period. Avantax Advisory Services Inc. owned approximately 2.48% of Invesco S&P International Developed Quality ETF worth $6,568,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC purchased a new position in Invesco S&P International Developed Quality ETF during the 4th quarter valued at about $8,115,000. Raymond James Financial Inc. bought a new stake in shares of Invesco S&P International Developed Quality ETF during the fourth quarter valued at about $6,596,000. Jane Street Group LLC increased its position in shares of Invesco S&P International Developed Quality ETF by 84.4% during the third quarter. Jane Street Group LLC now owns 283,542 shares of the company’s stock valued at $9,005,000 after buying an additional 129,743 shares during the period. Stratos Wealth Partners LTD. bought a new stake in shares of Invesco S&P International Developed Quality ETF during the fourth quarter valued at about $2,805,000. Finally, Chaney Capital Management Inc. increased its position in shares of Invesco S&P International Developed Quality ETF by 28.2% during the fourth quarter. Chaney Capital Management Inc. now owns 242,672 shares of the company’s stock valued at $6,872,000 after buying an additional 53,319 shares during the period.

Invesco S&P International Developed Quality ETF Stock Down 0.6 %

Shares of IDHQ opened at $30.59 on Friday. The business’s 50-day moving average price is $30.05 and its 200-day moving average price is $30.22. Invesco S&P International Developed Quality ETF has a twelve month low of $28.07 and a twelve month high of $32.98. The stock has a market cap of $360.96 million, a PE ratio of 20.01 and a beta of 0.92.

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.