Dynamic Advisor Solutions LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 22.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,643 shares of the company’s stock after purchasing an additional 9,441 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,563,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of SPHQ. MTM Investment Management LLC bought a new stake in Invesco S&P 500 Quality ETF during the fourth quarter valued at about $26,000. Cassaday & Co Wealth Management LLC purchased a new stake in Invesco S&P 500 Quality ETF in the first quarter worth about $27,000. Bell Investment Advisors Inc bought a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth about $28,000. IFC & Insurance Marketing Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $29,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $33,000.
Invesco S&P 500 Quality ETF Trading Down 1.0%
Shares of NYSEARCA:SPHQ opened at $85.82 on Friday. The stock has a 50 day moving average of $86.62 and a 200 day moving average of $81.84. The company has a market cap of $19.71 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12-month low of $70.99 and a 12-month high of $90.36.
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.
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