Leavell Investment Management Inc. Grows Position in Invesco S&P 500 Quality ETF $SPHQ

Leavell Investment Management Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 30.7% during the third quarter, HoldingsChannel reports. The firm owned 46,163 shares of the company’s stock after purchasing an additional 10,850 shares during the period. Leavell Investment Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,383,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Baird Financial Group Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 458.9% during the second quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock valued at $14,835,000 after buying an additional 170,936 shares during the last quarter. Crestwood Advisors Group LLC grew its position in shares of Invesco S&P 500 Quality ETF by 3.4% in the 2nd quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock worth $2,827,000 after buying an additional 1,323 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco S&P 500 Quality ETF by 9.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock worth $131,400,000 after acquiring an additional 161,638 shares in the last quarter. CW Advisors LLC lifted its position in Invesco S&P 500 Quality ETF by 72.8% during the second quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock valued at $1,220,000 after acquiring an additional 7,216 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in Invesco S&P 500 Quality ETF by 14.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock valued at $3,892,000 after acquiring an additional 6,850 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.1%

NYSEARCA SPHQ opened at $77.49 on Friday. The firm’s fifty day simple moving average is $75.16 and its two-hundred day simple moving average is $73.55. The firm has a market capitalization of $15.69 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $78.09.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.