Invesco S&P 500 Quality ETF $SPHQ Holdings Lifted by Private Advisor Group LLC

Private Advisor Group LLC raised its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 15.3% during the 1st quarter, Holdings Channel.com reports. The firm owned 369,373 shares of the company’s stock after acquiring an additional 49,089 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $27,773,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 5.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock worth $668,722,000 after buying an additional 496,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Invesco S&P 500 Quality ETF by 3.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock worth $611,604,000 after buying an additional 253,950 shares in the last quarter. Bank of America Corp DE increased its position in Invesco S&P 500 Quality ETF by 8.0% in the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after acquiring an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. increased its position in Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after acquiring an additional 603,848 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $87.87 on Friday. The business’s fifty day moving average price is $85.05 and its two-hundred day moving average price is $80.19. The company has a market capitalization of $19.80 billion, a P/E ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 1-year low of $70.26 and a 1-year high of $90.36.

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.