Cedar Wealth Management LLC Has $23.90 Million Holdings in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Cedar Wealth Management LLC boosted its position in shares of Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 0.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 785,576 shares of the company’s stock after buying an additional 4,055 shares during the quarter. Invesco S&P International Developed Quality ETF makes up approximately 7.8% of Cedar Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Cedar Wealth Management LLC owned approximately 0.08% of Invesco S&P International Developed Quality ETF worth $23,897,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of Invesco S&P International Developed Quality ETF by 8.6% in the second quarter. LPL Financial LLC now owns 1,216,075 shares of the company’s stock worth $36,993,000 after acquiring an additional 96,637 shares during the last quarter. WCG Wealth Advisors LLC increased its holdings in Invesco S&P International Developed Quality ETF by 4.7% in the 2nd quarter. WCG Wealth Advisors LLC now owns 369,902 shares of the company’s stock worth $11,252,000 after acquiring an additional 16,584 shares during the last quarter. Raymond James & Associates lifted its stake in Invesco S&P International Developed Quality ETF by 1.6% in the 2nd quarter. Raymond James & Associates now owns 201,016 shares of the company’s stock worth $6,115,000 after purchasing an additional 3,244 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in Invesco S&P International Developed Quality ETF by 14.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 188,201 shares of the company’s stock worth $5,772,000 after buying an additional 24,354 shares during the last quarter. Finally, BOS Asset Management LLC increased its holdings in Invesco S&P International Developed Quality ETF by 19.9% during the 2nd quarter. BOS Asset Management LLC now owns 177,727 shares of the company’s stock valued at $5,406,000 after purchasing an additional 29,503 shares during the period.

Invesco S&P International Developed Quality ETF Trading Up 2.3 %

IDHQ stock opened at $31.80 on Friday. The stock has a market capitalization of $297.33 million, a PE ratio of 15.06 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 $32.98. The stock’s 50 day simple moving average is $30.91 and its 200 day simple moving average is $30.61.

About Invesco S&P International Developed Quality ETF

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.