Falcon Wealth Planning Takes $1.60 Million Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Falcon Wealth Planning acquired a new position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 50,410 shares of the company’s stock, valued at approximately $1,601,000.

Other institutional investors and hedge funds have also modified their holdings of the company. BOS Asset Management LLC bought a new stake in shares of Invesco S&P International Developed Quality ETF in the 1st quarter valued at about $4,546,000. Avantax Advisory Services Inc. lifted its position in Invesco S&P International Developed Quality ETF by 14.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 188,201 shares of the company’s stock valued at $5,772,000 after acquiring an additional 24,354 shares in the last quarter. New Insight Wealth Advisors acquired a new position in shares of Invesco S&P International Developed Quality ETF during the first quarter worth about $261,000. Cedar Wealth Management LLC grew its stake in shares of Invesco S&P International Developed Quality ETF by 3.5% during the 1st quarter. Cedar Wealth Management LLC now owns 781,521 shares of the company’s stock worth $23,969,000 after acquiring an additional 26,511 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in Invesco S&P International Developed Quality ETF in the 1st quarter valued at $1,613,000.

Invesco S&P International Developed Quality ETF Stock Performance

NYSEARCA IDHQ traded up $0.11 during trading hours on Tuesday, hitting $30.03. 2,580 shares of the company traded hands, compared to its average volume of 52,533. The stock has a market capitalization of $280.78 million, a price-to-earnings ratio of 15.06 and a beta of 0.88. Invesco S&P International Developed Quality ETF has a twelve month low of $25.84 and a twelve month high of $32.98. The business’s 50-day moving average is $31.20 and its 200-day moving average is $30.80.

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.