202,336 Invesco S&P International Developed Quality ETF $IDHQ Shares Sold by KWB Wealth

KWB Wealth lowered its position in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 37.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 340,589 shares of the company’s stock after selling 202,336 shares during the period. Invesco S&P International Developed Quality ETF accounts for 1.3% of KWB Wealth’s portfolio, making the stock its 16th biggest holding. KWB Wealth owned about 1.30% of Invesco S&P International Developed Quality ETF worth $14,690,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IDHQ. Bank of America Corp DE boosted its stake in Invesco S&P International Developed Quality ETF by 219.8% during the 1st quarter. Bank of America Corp DE now owns 215,304 shares of the company’s stock valued at $7,615,000 after purchasing an additional 147,989 shares in the last quarter. Councilor Wealth LLC acquired a new position in shares of Invesco S&P International Developed Quality ETF during the 3rd quarter valued at $3,904,000. Sanctuary Advisors LLC increased its position in shares of Invesco S&P International Developed Quality ETF by 39.7% during the 1st quarter. Sanctuary Advisors LLC now owns 55,907 shares of the company’s stock valued at $1,977,000 after purchasing an additional 15,895 shares during the period. McKinley Carter Wealth Services Inc. bought a new stake in shares of Invesco S&P International Developed Quality ETF in the 3rd quarter worth $555,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Invesco S&P International Developed Quality ETF by 5.6% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 230,779 shares of the company’s stock worth $10,087,000 after buying an additional 12,203 shares in the last quarter.

Invesco S&P International Developed Quality ETF Price Performance

Shares of IDHQ traded down $0.03 during midday trading on Friday, reaching $43.94. The stock had a trading volume of 136,605 shares, compared to its average volume of 134,463. The company has a market capitalization of $1.15 billion, a P/E ratio of 19.13 and a beta of 0.91. The firm’s 50 day moving average price is $44.51 and its 200-day moving average price is $42.28. Invesco S&P International Developed Quality ETF has a 52 week low of $33.24 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.