Envestnet Asset Management Inc. Sells 4,292 Shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Envestnet Asset Management Inc. lowered its stake in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 6.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 62,659 shares of the company’s stock after selling 4,292 shares during the period. Envestnet Asset Management Inc. owned approximately 0.67% of Invesco S&P International Developed Quality ETF worth $1,775,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IDHQ. Heck Capital Advisors LLC bought a new stake in Invesco S&P International Developed Quality ETF during the fourth quarter worth $8,115,000. Raymond James Financial Inc. purchased a new position in Invesco S&P International Developed Quality ETF in the fourth quarter worth $6,596,000. Stratos Wealth Partners LTD. purchased a new position in Invesco S&P International Developed Quality ETF in the fourth quarter worth $2,805,000. Chaney Capital Management Inc. boosted its position in Invesco S&P International Developed Quality ETF by 28.2% in the fourth quarter. Chaney Capital Management Inc. now owns 242,672 shares of the company’s stock worth $6,872,000 after purchasing an additional 53,319 shares during the last quarter. Finally, Falcon Wealth Planning boosted its position in Invesco S&P International Developed Quality ETF by 77.1% in the fourth quarter. Falcon Wealth Planning now owns 89,272 shares of the company’s stock worth $2,528,000 after purchasing an additional 38,862 shares during the last quarter.

Invesco S&P International Developed Quality ETF Trading Up 0.4 %

IDHQ stock opened at $31.04 on Tuesday. The stock’s fifty day simple moving average is $30.28 and its two-hundred day simple moving average is $29.86. Invesco S&P International Developed Quality ETF has a 1-year low of $26.61 and a 1-year high of $32.98. The stock has a market cap of $389.55 million, a P/E ratio of 17.23 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.