Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Core Wealth Advisors Inc.

Core Wealth Advisors Inc. raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,720 shares of the company’s stock after purchasing an additional 17,394 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 2.9% of Core Wealth Advisors Inc.’s portfolio, making the stock its 10th biggest holding. Core Wealth Advisors Inc. owned 0.08% of Invesco S&P 500 Quality ETF worth $12,160,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares in the last quarter. AQR Capital Management LLC raised its position in Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after acquiring an additional 1,983 shares in the last quarter. Empowered Funds LLC acquired a new stake in Invesco S&P 500 Quality ETF in the first quarter valued at $875,000. Jane Street Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 29.2% in the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after acquiring an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Invesco S&P 500 Quality ETF by 53.5% in the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after acquiring an additional 40,210 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $84.52 on Wednesday. The company has a market cap of $19.35 billion, a PE ratio of 25.36 and a beta of 0.90. The firm has a 50-day moving average of $86.52 and a 200-day moving average of $81.44. Invesco S&P 500 Quality ETF has a one year low of $70.40 and a one 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.