Concurrent Investment Advisors LLC Purchases 12,203 Shares of Invesco S&P International Developed Quality ETF $IDHQ

Concurrent Investment Advisors LLC increased its holdings in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 5.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 230,779 shares of the company’s stock after acquiring an additional 12,203 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco S&P International Developed Quality ETF were worth $10,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IDHQ. JPMorgan Chase & Co. increased its holdings in shares of Invesco S&P International Developed Quality ETF by 149.4% in the second quarter. JPMorgan Chase & Co. now owns 63,728 shares of the company’s stock worth $2,102,000 after acquiring an additional 38,178 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Invesco S&P International Developed Quality ETF by 12.5% during the 2nd quarter. Raymond James Financial Inc. now owns 271,459 shares of the company’s stock valued at $8,953,000 after purchasing an additional 30,215 shares in the last quarter. Jane Street Group LLC grew its position in shares of Invesco S&P International Developed Quality ETF by 1.0% in the 2nd quarter. Jane Street Group LLC now owns 47,928 shares of the company’s stock valued at $1,581,000 after purchasing an additional 495 shares during the period. Bank of America Corp DE grew its position in shares of Invesco S&P International Developed Quality ETF by 95.4% in the 2nd quarter. Bank of America Corp DE now owns 83,083 shares of the company’s stock valued at $2,740,000 after purchasing an additional 40,557 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of Invesco S&P International Developed Quality ETF by 4.3% in the 3rd quarter. Private Advisor Group LLC now owns 15,636 shares of the company’s stock valued at $526,000 after purchasing an additional 648 shares during the period.

Invesco S&P International Developed Quality ETF Stock Performance

NYSEARCA IDHQ opened at $45.42 on Friday. The stock has a market cap of $967.45 million, a price-to-earnings ratio of 19.13 and a beta of 0.92. The business has a 50 day simple moving average of $44.42 and a 200 day simple moving average of $40.93. Invesco S&P International Developed Quality ETF has a 52-week low of $32.81 and a 52-week high of $46.35.

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. The Underlying Index consists of securities selected to provide exposure to the constituents of the S&P Developed ex United States BMI Index that are identified by S&P Financial Serivces LLC (the Index Provider) as high quality stocks based on historical records of earnings and dividends.