Park Edge Advisors LLC Buys 10,133 Shares of Invesco S&P 500 Quality ETF $SPHQ

Park Edge Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.8% during the first quarter, Holdings Channel.com reports. The firm owned 67,046 shares of the company’s stock after purchasing an additional 10,133 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 1.2% of Park Edge Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,041,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Breakwater Capital Group grew its stake in Invesco S&P 500 Quality ETF by 2.7% in the first quarter. Breakwater Capital Group now owns 18,592 shares of the company’s stock valued at $1,398,000 after purchasing an additional 493 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 62.3% in the 1st quarter. RFG Advisory LLC now owns 271,890 shares of the company’s stock valued at $20,443,000 after buying an additional 104,364 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Invesco S&P 500 Quality ETF by 314.2% in the 1st quarter. CENTRAL TRUST Co now owns 936 shares of the company’s stock valued at $70,000 after buying an additional 710 shares in the last quarter. Trinity Wealth Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 37.7% in the 1st quarter. Trinity Wealth Management LLC now owns 14,081 shares of the company’s stock worth $1,059,000 after buying an additional 3,855 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 46.9% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 20,294 shares of the company’s stock worth $1,526,000 after buying an additional 6,482 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.1%

NYSEARCA SPHQ opened at $87.01 on Thursday. The firm has a market cap of $18.52 billion, a PE ratio of 25.36 and a beta of 0.91. The company has a 50 day moving average price of $83.85 and a 200 day moving average price of $79.57. Invesco S&P 500 Quality ETF has a 52 week low of $69.90 and a 52 week high of $90.26.

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