Y Intercept Hong Kong Ltd Buys 29,393 Shares of Invesco S&P 500 Quality ETF $SPHQ

Y Intercept Hong Kong Ltd increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 301.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,149 shares of the company’s stock after acquiring an additional 29,393 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Invesco S&P 500 Quality ETF were worth $2,944,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SPHQ. Ameriprise Financial Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares in the last quarter. Raymond James Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after buying an additional 1,469,187 shares during the period. Independence Asset Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the first quarter worth approximately $73,856,000. Alvarez & Marsal Private Wealth Partners LLC acquired a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $58,114,000. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 2,247.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock valued at $42,159,000 after acquiring an additional 537,812 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 2.1%

Shares of NYSEARCA:SPHQ opened at $86.69 on Wednesday. Invesco S&P 500 Quality ETF has a twelve month low of $70.26 and a twelve month high of $90.36. The stock’s 50 day moving average is $85.33 and its 200-day moving average is $80.39. The firm has a market capitalization of $19.58 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90.

Invesco S&P 500 Quality ETF Company 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.