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

Avantax Advisory Services Inc. grew its holdings in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 14.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 188,201 shares of the company’s stock after purchasing an additional 24,354 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Invesco S&P International Developed Quality ETF were worth $5,772,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in IDHQ. BOS Asset Management LLC purchased a new position in shares of Invesco S&P International Developed Quality ETF in the 1st quarter worth $4,546,000. Raymond James & Associates raised its position in shares of Invesco S&P International Developed Quality ETF by 4.7% in the 1st quarter. Raymond James & Associates now owns 197,772 shares of the company’s stock worth $6,066,000 after buying an additional 8,838 shares during the period. Edge Financial Advisors LLC purchased a new position in shares of Invesco S&P International Developed Quality ETF in the 1st quarter worth $286,000. Cornerstone Wealth Management LLC raised its position in shares of Invesco S&P International Developed Quality ETF by 4.1% in the 1st quarter. Cornerstone Wealth Management LLC now owns 137,827 shares of the company’s stock worth $4,227,000 after buying an additional 5,407 shares during the period. Finally, Breakwater Capital Group raised its position in shares of Invesco S&P International Developed Quality ETF by 12.2% in the 1st quarter. Breakwater Capital Group now owns 67,365 shares of the company’s stock worth $2,066,000 after buying an additional 7,351 shares during the period.

Invesco S&P International Developed Quality ETF Stock Performance

Shares of IDHQ traded down $0.35 during trading hours on Wednesday, hitting $30.92. The stock had a trading volume of 15,484 shares, compared to its average volume of 55,246. The company’s fifty day simple moving average is $30.83 and its 200 day simple moving average is $30.00. The firm has a market cap of $289.10 million, a P/E ratio of 15.06 and a beta of 0.88. Invesco S&P International Developed Quality ETF has a 12-month low of $25.00 and a 12-month high of $31.59.

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.