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

Merit Financial Group LLC boosted its stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 13.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 119,161 shares of the company’s stock after buying an additional 14,065 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco S&P International Developed Quality ETF were worth $3,375,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Commonwealth Equity Services LLC boosted its stake in shares of Invesco S&P International Developed Quality ETF by 3.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 12,347 shares of the company’s stock worth $376,000 after buying an additional 418 shares during the last quarter. Private Advisor Group LLC boosted its position in Invesco S&P International Developed Quality ETF by 5.6% in the third 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 last quarter. FMR LLC grew its stake in 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 valued at $57,000 after purchasing an additional 955 shares during the period. 1900 Wealth Management LLC increased its position in shares of Invesco S&P International Developed Quality ETF by 2.0% during the 3rd quarter. 1900 Wealth Management LLC now owns 54,817 shares of the company’s stock valued at $1,681,000 after purchasing an additional 1,091 shares during the last quarter. Finally, Fullcircle Wealth LLC raised its stake in shares of Invesco S&P International Developed Quality ETF by 3.9% during the 3rd quarter. Fullcircle Wealth LLC now owns 33,891 shares of the company’s stock worth $1,045,000 after purchasing an additional 1,276 shares during the period.

Invesco S&P International Developed Quality ETF Stock Performance

Shares of NYSEARCA:IDHQ opened at $28.87 on Monday. The company has a market capitalization of $269.93 million, a P/E ratio of 15.06 and a beta of 0.88. The company’s 50-day moving average is $29.05 and its 200 day moving average is $30.27. Invesco S&P International Developed Quality ETF has a fifty-two week low of $27.84 and a fifty-two week high of $32.98.

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.