Performa Ltd US LLC raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 3.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 102,749 shares of the company’s stock after acquiring an additional 3,210 shares during the quarter. Invesco S&P 500 Quality ETF makes up 2.2% of Performa Ltd US LLC’s investment portfolio, making the stock its 10th biggest holding. Performa Ltd US LLC owned about 0.05% of Invesco S&P 500 Quality ETF worth $7,322,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameriprise Financial Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 45.7% in the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after purchasing an additional 1,727,685 shares in the last quarter. LPL Financial LLC lifted its position 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 worth $666,336,000 after buying an additional 1,325,931 shares during the last quarter. Raymond James Financial Inc. lifted its position 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 worth $159,230,000 after buying an additional 897,944 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 131.1% in the 1st quarter. Assetmark Inc. now owns 1,230,328 shares of the company’s stock valued at $81,620,000 after buying an additional 697,964 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV grew its position in shares of Invesco S&P 500 Quality ETF by 100.8% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,345,602 shares of the company’s stock valued at $95,888,000 after buying an additional 675,521 shares during the last quarter.
Invesco S&P 500 Quality ETF Price Performance
Shares of NYSEARCA:SPHQ opened at $72.26 on Wednesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $75.03. The firm has a market capitalization of $14.73 billion, a P/E ratio of 25.36 and a beta of 0.92. The company’s fifty day moving average price is $73.48 and its 200 day moving average price is $71.88.
Invesco S&P 500 Quality ETF 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.
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