Opes Wealth Management LLC Has $4.04 Million Stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Opes Wealth Management LLC raised its holdings in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 4.1% in the fourth quarter, Holdings Channel reports. The fund owned 142,536 shares of the company’s stock after acquiring an additional 5,635 shares during the period. Opes Wealth Management LLC’s holdings in Invesco S&P International Developed Quality ETF were worth $4,037,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMR LLC grew its stake in Invesco S&P International Developed Quality ETF by 113.2% in the third quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $57,000 after acquiring an additional 955 shares during the period. CFS Investment Advisory Services LLC acquired a new position in shares of Invesco S&P International Developed Quality ETF during the third quarter worth about $229,000. Centerpoint Advisory Group acquired a new position in shares of Invesco S&P International Developed Quality ETF during the fourth quarter worth about $218,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco S&P International Developed Quality ETF during the fourth quarter worth about $228,000. Finally, Edge Financial Advisors LLC acquired a new position in shares of Invesco S&P International Developed Quality ETF during the third quarter worth about $299,000.

Invesco S&P International Developed Quality ETF Price Performance

IDHQ stock opened at $30.91 on Friday. The stock has a market capitalization of $289.01 million, a P/E ratio of 15.06 and a beta of 0.88. The business has a 50-day moving average of $29.31 and a 200-day moving average of $30.17. Invesco S&P International Developed Quality ETF has a fifty-two week low of $28.07 and a fifty-two week high of $32.98.

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.