Vantagepoint Investment Advisers LLC Makes New Investment in Invesco S&P 500 Quality ETF $SPHQ

Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,347,138 shares of the company’s stock, valued at approximately $245,312,000. Invesco S&P 500 Quality ETF accounts for about 2.0% of Vantagepoint Investment Advisers LLC’s investment portfolio, making the stock its 22nd biggest position. Vantagepoint Investment Advisers LLC owned approximately 1.64% of Invesco S&P 500 Quality ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares during the last quarter. Bogart Wealth LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 19.2% during the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after purchasing an additional 155 shares during the period. Fragasso Financial Advisors Inc lifted its holdings in Invesco S&P 500 Quality ETF by 0.5% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after purchasing an additional 157 shares during the last quarter. Brown Advisory Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 1.1% during the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock worth $1,107,000 after purchasing an additional 166 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its stake in Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after purchasing an additional 168 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $76.83 on Friday. The stock has a fifty day moving average of $75.47 and a 200-day moving average of $73.72. The company has a market capitalization of $15.61 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $78.09.

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.