MML Investors Services LLC Has $1.75 Million Stock Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

MML Investors Services LLC reduced its stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 10.8% during the 3rd quarter, Holdings Channel reports. The firm owned 55,184 shares of the company’s stock after selling 6,688 shares during the period. MML Investors Services LLC’s holdings in Invesco S&P International Developed Quality ETF were worth $1,753,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC increased its stake in Invesco S&P International Developed Quality ETF by 5.6% in the third quarter. Private Advisor Group LLC now owns 11,317 shares of the company’s stock valued at $359,000 after purchasing an additional 597 shares in the last quarter. Raymond James & Associates grew its holdings in shares of Invesco S&P International Developed Quality ETF by 1.5% in the 3rd quarter. Raymond James & Associates now owns 204,098 shares of the company’s stock valued at $6,482,000 after buying an additional 3,082 shares during the period. Cetera Investment Advisers increased its position in shares of Invesco S&P International Developed Quality ETF by 40.4% in the 2nd quarter. Cetera Investment Advisers now owns 73,854 shares of the company’s stock valued at $2,247,000 after buying an additional 21,259 shares in the last quarter. WCG Wealth Advisors LLC raised its stake in Invesco S&P International Developed Quality ETF by 4.7% during the 2nd quarter. WCG Wealth Advisors LLC now owns 369,902 shares of the company’s stock worth $11,252,000 after buying an additional 16,584 shares during the period. Finally, Dentgroup LLC bought a new position in Invesco S&P International Developed Quality ETF during the third quarter worth about $766,000.

Invesco S&P International Developed Quality ETF Trading Up 0.1 %

NYSEARCA:IDHQ opened at $29.55 on Wednesday. Invesco S&P International Developed Quality ETF has a 1 year low of $27.63 and a 1 year high of $32.98. The stock has a 50-day moving average price of $29.99 and a two-hundred day moving average price of $30.64. The stock has a market cap of $276.30 million, a price-to-earnings ratio of 15.06 and a beta of 0.88.

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.