MML Investors Services LLC Has $1.75 Million Stock Position in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ)

MML Investors Services LLC cut its stake in Invesco S&P International Developed Quality ETF (NYSEARCA:IDHQ) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,184 shares of the company’s stock after selling 6,688 shares during the period. MML Investors Services LLC owned about 0.59% of Invesco S&P International Developed Quality ETF worth $1,753,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. KWB Wealth acquired a new position in Invesco S&P International Developed Quality ETF during the third quarter worth $12,875,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P International Developed Quality ETF by 2,774.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 258,810 shares of the company’s stock worth $7,873,000 after purchasing an additional 249,805 shares in the last quarter. Jane Street Group LLC lifted its holdings in Invesco S&P International Developed Quality ETF by 84.4% during the 3rd quarter. Jane Street Group LLC now owns 283,542 shares of the company’s stock valued at $9,005,000 after purchasing an additional 129,743 shares during the last quarter. Chaney Capital Management Inc. boosted its position in Invesco S&P International Developed Quality ETF by 131.1% in the third quarter. Chaney Capital Management Inc. now owns 189,353 shares of the company’s stock valued at $6,014,000 after buying an additional 107,410 shares in the last quarter. Finally, LPL Financial LLC boosted its position in 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 valued at $36,993,000 after buying an additional 96,637 shares in the last quarter.

Invesco S&P International Developed Quality ETF Trading Up 0.1 %

NYSEARCA IDHQ opened at $29.55 on Wednesday. Invesco S&P International Developed Quality ETF has a 1-year low of $27.63 and a 1-year high of $32.98. The company has a 50 day moving average of $29.99 and a 200-day moving average of $30.64. The firm has a market cap of $276.30 million, a price-to-earnings ratio of 15.06 and a beta of 0.88.

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.