Cedar Wealth Management LLC Has $22.28 Million Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Cedar Wealth Management LLC reduced its stake in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 786,750 shares of the company’s stock after selling 793 shares during the quarter. Invesco S&P International Developed Quality ETF accounts for 8.1% of Cedar Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Cedar Wealth Management LLC owned approximately 0.08% of Invesco S&P International Developed Quality ETF worth $22,281,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of IDHQ. CFS Investment Advisory Services LLC acquired a new stake in Invesco S&P International Developed Quality ETF during the third quarter worth about $229,000. FMR LLC boosted its position in shares of Invesco S&P International Developed Quality ETF by 113.2% during the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock worth $57,000 after acquiring an additional 955 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Invesco S&P International Developed Quality ETF by 17.2% during the 3rd quarter. Stifel Financial Corp now owns 76,195 shares of the company’s stock worth $2,420,000 after acquiring an additional 11,195 shares in the last quarter. Jane Street Group LLC increased its stake in Invesco S&P International Developed Quality ETF by 84.4% in the third quarter. Jane Street Group LLC now owns 283,542 shares of the company’s stock valued at $9,005,000 after acquiring an additional 129,743 shares during the last quarter. Finally, Valued Retirements Inc. acquired a new position in Invesco S&P International Developed Quality ETF during the third quarter valued at approximately $493,000.

Invesco S&P International Developed Quality ETF Price Performance

NYSEARCA IDHQ opened at $31.00 on Friday. 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. The business has a fifty day moving average price of $30.36 and a two-hundred day moving average price of $30.18. The stock has a market capitalization of $372 million, a PE ratio of 19.72 and a beta of 0.92.

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.