Platform Technology Partners Buys 6,176 Shares of Invesco S&P 500 Quality ETF $SPHQ

Platform Technology Partners increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 17.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,125 shares of the company’s stock after purchasing an additional 6,176 shares during the quarter. Platform Technology Partners’ holdings in Invesco S&P 500 Quality ETF were worth $3,458,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $649,488,000. Envestnet Asset Management Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 236.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after buying an additional 4,733,411 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $269,341,000. Commonwealth Equity Services LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $92,486,000. Finally, Compass Ion Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $65,102,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $81.08 on Friday. The company’s 50 day moving average price is $84.45 and its 200 day moving average price is $82.80. The firm has a market capitalization of $18.13 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.57 and a fifty-two week 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.