Opes Wealth Management LLC Has $4.29 Million Stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Opes Wealth Management LLC trimmed its holdings in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 150,011 shares of the company’s stock after selling 3,021 shares during the period. Opes Wealth Management LLC owned 2.24% of Invesco S&P International Developed Quality ETF worth $4,289,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sterling Financial Planning Inc. acquired a new stake in shares of Invesco S&P International Developed Quality ETF in the fourth quarter valued at approximately $213,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco S&P International Developed Quality ETF in the fourth quarter valued at approximately $1,173,000. Breakwater Capital Group raised its position in shares of Invesco S&P International Developed Quality ETF by 25.1% in the fourth quarter. Breakwater Capital Group now owns 60,014 shares of the company’s stock valued at $1,689,000 after buying an additional 12,055 shares in the last quarter. Scharf Investments LLC acquired a new stake in shares of Invesco S&P International Developed Quality ETF in the fourth quarter valued at approximately $281,000. Finally, Creative Financial Designs Inc. ADV bought a new position in Invesco S&P International Developed Quality ETF in the fourth quarter valued at approximately $690,000.

Invesco S&P International Developed Quality ETF Price Performance

NYSEARCA:IDHQ traded down $0.19 during mid-day trading on Thursday, reaching $29.14. The stock had a trading volume of 32,029 shares, compared to its average volume of 53,419. The stock has a 50-day simple moving average of $30.09 and a two-hundred day simple moving average of $28.28. The stock has a market capitalization of $195.24 million, a PE ratio of 13.57 and a beta of 0.88. Invesco S&P International Developed Quality ETF has a 12 month low of $25.00 and a 12 month high of $31.02.

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.