Private Advisor Group LLC Purchases 7,947 Shares of Invesco S&P 500 Quality ETF $SPHQ

Private Advisor Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 311,253 shares of the company’s stock after acquiring an additional 7,947 shares during the quarter. Private Advisor Group LLC owned 0.15% of Invesco S&P 500 Quality ETF worth $22,812,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SPHQ. Dunhill Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $47,000. Smartleaf Asset Management LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 197.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after purchasing an additional 517 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth approximately $72,000. Finally, Optiver Holding B.V. purchased a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth approximately $89,000.

Invesco S&P 500 Quality ETF Trading Up 0.9%

Shares of NYSEARCA SPHQ opened at $78.05 on Tuesday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04. The firm has a market capitalization of $15.94 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. The firm has a 50 day moving average of $78.22 and a 200 day moving average of $75.33.

About Invesco S&P 500 Quality ETF

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.