Fifth Third Bancorp grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 10.1% during the first quarter, HoldingsChannel.com reports. The firm owned 406,396 shares of the company’s stock after buying an additional 37,150 shares during the quarter. Fifth Third Bancorp’s holdings in Invesco S&P 500 Quality ETF were worth $30,557,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. Ameriprise Financial Inc. grew 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 worth $658,846,000 after buying an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake 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 valued at $668,722,000 after acquiring an additional 496,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Invesco S&P 500 Quality ETF by 3.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock worth $611,604,000 after acquiring an additional 253,950 shares during the last quarter. Bank of America Corp DE boosted its position in Invesco S&P 500 Quality ETF by 8.0% during the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after acquiring an additional 349,166 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 15.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after acquiring an additional 603,848 shares during the last quarter.
Invesco S&P 500 Quality ETF Stock Down 1.5%
Shares of SPHQ opened at $86.82 on Tuesday. Invesco S&P 500 Quality ETF has a twelve month low of $70.26 and a twelve month high of $90.36. The stock has a market capitalization of $19.78 billion, a P/E ratio of 25.36 and a beta of 0.90. The company has a 50 day moving average of $85.90 and a 200-day moving average of $80.72.
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.
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