Raymond James Financial Inc. Purchases New Stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

Raymond James Financial Inc. purchased a new stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 232,914 shares of the company’s stock, valued at approximately $6,596,000. Raymond James Financial Inc. owned 2.49% of Invesco S&P International Developed Quality ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Cullen Frost Bankers Inc. purchased a new position in Invesco S&P International Developed Quality ETF in the fourth quarter valued at approximately $139,000. Interactive Financial Advisors Inc. raised its stake in shares of Invesco S&P International Developed Quality ETF by 9.2% during the fourth quarter. Interactive Financial Advisors Inc. now owns 44,697 shares of the company’s stock valued at $1,266,000 after purchasing an additional 3,774 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Invesco S&P International Developed Quality ETF by 116.2% during the fourth quarter. Jones Financial Companies Lllp now owns 8,726 shares of the company’s stock valued at $247,000 after purchasing an additional 4,690 shares during the period. Private Advisor Group LLC raised its stake in shares of Invesco S&P International Developed Quality ETF by 14.6% during the fourth quarter. Private Advisor Group LLC now owns 12,968 shares of the company’s stock valued at $367,000 after purchasing an additional 1,651 shares during the period. Finally, Financial Perspectives Inc purchased a new stake in shares of Invesco S&P International Developed Quality ETF during the fourth quarter valued at approximately $38,000.

Invesco S&P International Developed Quality ETF Stock Down 0.9 %

IDHQ opened at $31.00 on Monday. The firm has a market capitalization of $372 million, a P/E ratio of 19.72 and a beta of 0.92. The firm’s 50 day moving average is $30.36 and its 200-day moving average is $30.17. Invesco S&P International Developed Quality ETF has a 52-week low of $28.07 and a 52-week high of $32.98.

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.