Sovran Advisors LLC Takes $237,000 Position in Invesco S&P International Developed Quality ETF $IDHQ

Sovran Advisors LLC purchased a new position in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,231 shares of the company’s stock, valued at approximately $237,000. Sovran Advisors LLC owned 0.05% of Invesco S&P International Developed Quality ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Advisor Group LLC increased its position in shares of Invesco S&P International Developed Quality ETF by 5.1% in the first quarter. Private Advisor Group LLC now owns 13,632 shares of the company’s stock worth $408,000 after acquiring an additional 664 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Invesco S&P International Developed Quality ETF by 5.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 66,418 shares of the company’s stock valued at $1,989,000 after acquiring an additional 3,426 shares during the last quarter. Flagship Harbor Advisors LLC boosted its stake in Invesco S&P International Developed Quality ETF by 11.5% during the 1st quarter. Flagship Harbor Advisors LLC now owns 8,978 shares of the company’s stock valued at $269,000 after acquiring an additional 927 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P International Developed Quality ETF by 18.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 74,196 shares of the company’s stock worth $2,221,000 after buying an additional 11,537 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Invesco S&P International Developed Quality ETF by 3.6% in the 1st quarter. Raymond James Financial Inc. now owns 241,244 shares of the company’s stock worth $7,223,000 after buying an additional 8,330 shares during the last quarter.

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

IDHQ stock opened at $33.51 on Friday. Invesco S&P International Developed Quality ETF has a fifty-two week low of $26.61 and a fifty-two week high of $33.82. The firm’s 50-day simple moving average is $32.86 and its 200 day simple moving average is $31.88. The stock has a market cap of $489.25 million, a PE ratio of 19.13 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.