Legacy Private Trust Co. bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 115,644 shares of the company’s stock, valued at approximately $9,723,000.
Several other hedge funds and other institutional investors have also bought and sold shares of SPHQ. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 236.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after acquiring an additional 4,733,411 shares during the last quarter. Independence Asset Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth $73,856,000. Rockefeller Capital Management L.P. lifted its stake in Invesco S&P 500 Quality ETF by 440.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after purchasing an additional 535,929 shares during the last quarter. Sax Wealth Advisors LLC boosted its position in Invesco S&P 500 Quality ETF by 21.3% during the second quarter. Sax Wealth Advisors LLC now owns 542,051 shares of the company’s stock valued at $48,839,000 after buying an additional 95,095 shares during the period. Finally, Milestone Investment Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 0.4% during the first quarter. Milestone Investment Advisors LLC now owns 528,118 shares of the company’s stock valued at $39,709,000 after buying an additional 2,201 shares during the last quarter.
Invesco S&P 500 Quality ETF Stock Up 0.0%
Shares of NYSEARCA SPHQ traded up $0.03 during midday trading on Tuesday, reaching $85.57. The company had a trading volume of 491,455 shares, compared to its average volume of 1,623,123. The stock has a market cap of $18.97 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a one year low of $71.57 and a one year high of $90.36. The firm’s fifty day moving average price is $85.24 and its 200-day moving average price is $83.81.
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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