Invesco S&P 500 Quality ETF $SPHQ Shares Acquired by Park Edge Advisors LLC

Park Edge Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 25.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,898 shares of the company’s stock after purchasing an additional 11,177 shares during the period. Invesco S&P 500 Quality ETF comprises about 0.9% of Park Edge Advisors LLC’s holdings, making the stock its 20th largest holding. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Baird Financial Group Inc. raised its holdings in Invesco S&P 500 Quality ETF by 458.9% in the second quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock valued at $14,835,000 after acquiring an additional 170,936 shares in the last quarter. Crestwood Advisors Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 3.4% during the 2nd quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock worth $2,827,000 after acquiring an additional 1,323 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco S&P 500 Quality ETF by 9.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock valued at $131,400,000 after acquiring an additional 161,638 shares during the last quarter. CW Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 72.8% during the second quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock worth $1,220,000 after purchasing an additional 7,216 shares during the last quarter. Finally, Evergreen Capital Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 3.9% in the 2nd quarter. Evergreen Capital Management LLC now owns 332,014 shares of the company’s stock valued at $23,659,000 after buying an additional 12,410 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $75.28 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $76.60. The firm has a market cap of $15.34 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. The stock’s 50-day moving average is $74.07 and its two-hundred day moving average is $72.66.

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.