Beaumont Asset Management L.L.C. Acquires 38,702 Shares of Invesco S&P 500 Quality ETF $SPHQ

Beaumont Asset Management L.L.C. lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 52.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 112,901 shares of the company’s stock after buying an additional 38,702 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 4.3% of Beaumont Asset Management L.L.C.’s holdings, making the stock its 5th largest holding. Beaumont Asset Management L.L.C. owned about 0.06% of Invesco S&P 500 Quality ETF worth $8,045,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SPHQ. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after buying an additional 1,727,685 shares during the period. LPL Financial LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 15.2% during the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after buying an additional 1,325,931 shares during the period. Alpine Bank Wealth Management purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $73,239,000. Raymond James Financial Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 59.8% during the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after buying an additional 897,944 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of Invesco S&P 500 Quality ETF by 37.0% during the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock valued at $172,104,000 after buying an additional 700,168 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $73.86 on Thursday. The company has a market cap of $15.15 billion, a P/E ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $74.45. The business’s 50-day simple moving average is $72.54 and its 200 day simple moving average is $69.83.

Invesco S&P 500 Quality ETF Company Profile

The Invesco S&P 500 Quality ETF (SPHQ) is an exchange-traded fund that is based on the S&P 500 Quality index. The fund tracks an index of US large-cap stocks selected by return on equity, changes in net operating assets and financial leverage. Stocks are weighted by these quality factors, scaled by market cap.