Cornerstone Wealth Management LLC Acquires 3,475 Shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Cornerstone Wealth Management LLC boosted its holdings in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,139 shares of the company’s stock after acquiring an additional 3,475 shares during the quarter. Cornerstone Wealth Management LLC owned 1.61% of Invesco S&P International Developed Quality ETF worth $4,252,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IDHQ. FMR LLC lifted its position in shares of Invesco S&P International Developed Quality ETF by 113.2% in the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock worth $57,000 after purchasing 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 in the 3rd quarter worth approximately $229,000. Edge Financial Advisors LLC acquired a new position in shares of Invesco S&P International Developed Quality ETF in the 3rd quarter worth approximately $299,000. Private Advisor Group LLC lifted its position in shares of Invesco S&P International Developed Quality ETF by 5.6% in the 3rd quarter. Private Advisor Group LLC now owns 11,317 shares of the company’s stock worth $359,000 after purchasing an additional 597 shares during the period. Finally, Valued Retirements Inc. acquired a new position in shares of Invesco S&P International Developed Quality ETF in the 3rd quarter worth approximately $493,000.

Invesco S&P International Developed Quality ETF Stock Performance

Shares of NYSEARCA IDHQ opened at $29.69 on Friday. Invesco S&P International Developed Quality ETF has a 52-week low of $28.07 and a 52-week high of $32.98. The company’s 50 day moving average price is $29.04 and its 200-day moving average price is $30.24. The company has a market capitalization of $277.60 million, a P/E ratio of 15.06 and a beta of 0.88.

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.