Northwestern Mutual Wealth Management Co. Has $39.43 Million Stock Position in Invesco S&P International Developed Quality ETF $IDHQ

Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 33.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,121,827 shares of the company’s stock after purchasing an additional 281,222 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.07% of Invesco S&P International Developed Quality ETF worth $39,432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans acquired a new position in shares of Invesco S&P International Developed Quality ETF during the third quarter valued at about $29,742,000. Cedar Wealth Management LLC raised its holdings in shares of Invesco S&P International Developed Quality ETF by 0.8% during the fourth quarter. Cedar Wealth Management LLC now owns 820,382 shares of the company’s stock valued at $28,836,000 after purchasing an additional 6,737 shares during the period. Berkeley Inc raised its holdings in shares of Invesco S&P International Developed Quality ETF by 32.4% during the fourth quarter. Berkeley Inc now owns 619,486 shares of the company’s stock valued at $21,775,000 after purchasing an additional 151,676 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P International Developed Quality ETF by 36.7% during the third quarter. Raymond James Financial Inc. now owns 371,081 shares of the company’s stock valued at $12,487,000 after purchasing an additional 99,622 shares during the period. Finally, Chaney Capital Management Inc. raised its holdings in shares of Invesco S&P International Developed Quality ETF by 4.0% during the fourth quarter. Chaney Capital Management Inc. now owns 363,144 shares of the company’s stock valued at $12,765,000 after purchasing an additional 13,906 shares during the period.

Invesco S&P International Developed Quality ETF Trading Down 0.3%

Shares of NYSEARCA IDHQ opened at $41.63 on Friday. The firm’s 50-day moving average price is $38.36 and its 200-day moving average price is $37.08. Invesco S&P International Developed Quality ETF has a 1-year low of $31.54 and a 1-year high of $41.86. The firm has a market capitalization of $795.13 million, a P/E ratio of 19.13 and a beta of 0.92.

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.