Kingswood Wealth Advisors LLC Makes New Investment in Invesco S&P International Developed Quality ETF $IDHQ

Kingswood Wealth Advisors LLC acquired a new stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 11,942 shares of the company’s stock, valued at approximately $515,000.

Several other hedge funds also recently bought and sold shares of IDHQ. Parallel Advisors LLC increased its stake in Invesco S&P International Developed Quality ETF by 79.7% in the first quarter. Parallel Advisors LLC now owns 2,618 shares of the company’s stock worth $93,000 after purchasing an additional 1,161 shares during the period. Chemistry Wealth Management LLC purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the second quarter valued at $222,000. Lakeside Advisors INC. purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the third quarter valued at $259,000. Retirement Planning Group LLC purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the third quarter valued at $260,000. Finally, Valued Retirements Inc. boosted its stake in shares of Invesco S&P International Developed Quality ETF by 22.0% during the second quarter. Valued Retirements Inc. now owns 7,555 shares of the company’s stock valued at $330,000 after purchasing an additional 1,364 shares during the period.

Invesco S&P International Developed Quality ETF Trading Up 0.7%

NYSEARCA IDHQ opened at $44.51 on Friday. The company’s 50-day moving average price is $44.24 and its 200-day moving average price is $41.09. The stock has a market cap of $1.21 billion, a PE ratio of 19.13 and a beta of 0.91. Invesco S&P International Developed Quality ETF has a 12 month low of $33.24 and a 12 month high of $46.35.

Invesco S&P International Developed Quality ETF Company 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.