Merit Financial Group LLC Raises Stock Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Merit Financial Group LLC increased its stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 3.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 80,515 shares of the company’s stock after acquiring an additional 2,531 shares during the quarter. Merit Financial Group LLC owned approximately 1.20% of Invesco S&P International Developed Quality ETF worth $2,302,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC increased its holdings in Invesco S&P International Developed Quality ETF by 228.6% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 2,300 shares of the company’s stock worth $60,000 after acquiring an additional 1,600 shares in the last quarter. Sterling Financial Planning Inc. purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the fourth quarter worth $213,000. Scharf Investments LLC purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the fourth quarter worth $281,000. Private Advisor Group LLC grew its holdings in shares of Invesco S&P International Developed Quality ETF by 6.0% during the third quarter. Private Advisor Group LLC now owns 16,324 shares of the company’s stock worth $423,000 after buying an additional 918 shares in the last quarter. Finally, Interactive Financial Advisors Inc. purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the third quarter worth $427,000.

Invesco S&P International Developed Quality ETF Stock Up 1.3 %

Invesco S&P International Developed Quality ETF stock opened at $29.87 on Friday. Invesco S&P International Developed Quality ETF has a 52-week low of $25.00 and a 52-week high of $31.02. The firm has a market capitalization of $276.30 million, a price-to-earnings ratio of 14.48 and a beta of 0.86. The company has a fifty day simple moving average of $30.10 and a 200-day simple moving average of $28.57.

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.