Cetera Investment Advisers Reduces Stake in Invesco S&P International Developed Quality ETF $IDHQ

Cetera Investment Advisers lowered its stake in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 2.5% in the 1st quarter, HoldingsChannel reports. The firm owned 530,767 shares of the company’s stock after selling 13,772 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco S&P International Developed Quality ETF were worth $18,773,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. LPL Financial LLC raised its stake in shares of Invesco S&P International Developed Quality ETF by 29.3% in the fourth quarter. LPL Financial LLC now owns 1,715,684 shares of the company’s stock valued at $60,306,000 after buying an additional 388,798 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco S&P International Developed Quality ETF by 33.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,121,827 shares of the company’s stock worth $39,432,000 after acquiring an additional 281,222 shares during the period. WCG Wealth Advisors LLC increased its holdings in Invesco S&P International Developed Quality ETF by 178.5% in the 4th quarter. WCG Wealth Advisors LLC now owns 834,521 shares of the company’s stock worth $29,334,000 after acquiring an additional 534,913 shares during the last quarter. Cedar Wealth Management LLC increased its holdings in Invesco S&P International Developed Quality ETF by 0.8% in the 4th quarter. Cedar Wealth Management LLC now owns 820,382 shares of the company’s stock worth $28,836,000 after acquiring an additional 6,737 shares during the last quarter. Finally, Berkeley Inc raised its stake in Invesco S&P International Developed Quality ETF by 32.4% in the 4th quarter. Berkeley Inc now owns 619,486 shares of the company’s stock valued at $21,775,000 after acquiring an additional 151,676 shares during the period.

Invesco S&P International Developed Quality ETF Trading Up 0.6%

Shares of IDHQ stock opened at $43.09 on Tuesday. The firm’s 50 day moving average is $42.34 and its 200 day moving average is $39.37. The stock has a market capitalization of $913.51 million, a P/E ratio of 19.13 and a beta of 0.91. Invesco S&P International Developed Quality ETF has a 12 month low of $31.54 and a 12 month high of $44.49.

About Invesco S&P International Developed Quality ETF

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.