Raymond James Financial Services Advisors Inc. Sells 7,136 Shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Raymond James Financial Services Advisors Inc. reduced its holdings in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 26.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 19,457 shares of the company’s stock after selling 7,136 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.29% of Invesco S&P International Developed Quality ETF worth $556,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Capital Investment Advisory Services LLC increased its holdings in Invesco S&P International Developed Quality ETF by 228.6% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 2,300 shares of the company’s stock worth $60,000 after purchasing an additional 1,600 shares during the period. UBS Group AG purchased a new position in Invesco S&P International Developed Quality ETF during the 3rd quarter worth $67,000. Rockefeller Capital Management L.P. increased its holdings in Invesco S&P International Developed Quality ETF by 1,039.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,658 shares of the company’s stock worth $90,000 after purchasing an additional 3,337 shares during the period. Royal Bank of Canada increased its holdings in Invesco S&P International Developed Quality ETF by 17.4% during the 2nd quarter. Royal Bank of Canada now owns 8,339 shares of the company’s stock worth $226,000 after purchasing an additional 1,233 shares during the period. Finally, Envestnet Asset Management Inc. purchased a new position in Invesco S&P International Developed Quality ETF during the 1st quarter worth $233,000.

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

IDHQ opened at $29.14 on Friday. The stock’s fifty day moving average is $30.09 and its two-hundred day moving average is $28.28. The company has a market capitalization of $195.24 million, a P/E ratio of 13.57 and a beta of 0.88. Invesco S&P International Developed Quality ETF has a 52 week low of $25.00 and a 52 week high of $31.02.

About Invesco S&P International Developed Quality ETF

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.