Lynx Investment Advisory Purchases 7,754 Shares of Invesco S&P 500 Quality ETF $SPHQ

Lynx Investment Advisory lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,608 shares of the company’s stock after acquiring an additional 7,754 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 4.1% of Lynx Investment Advisory’s investment portfolio, making the stock its largest holding. Lynx Investment Advisory owned approximately 0.07% of Invesco S&P 500 Quality ETF worth $12,495,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Evensky & Katz LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $64,261,000. William Mack & Associates Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $34,000. SYM FINANCIAL Corp purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $89,000. MBE Wealth Management LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 54.8% during the third quarter. MBE Wealth Management LLC now owns 3,729 shares of the company’s stock valued at $314,000 after purchasing an additional 1,320 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $1,039,000.

Invesco S&P 500 Quality ETF Stock Up 0.3%

Shares of SPHQ stock opened at $84.17 on Thursday. The firm has a market cap of $18.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The company’s 50 day moving average is $84.77 and its 200 day moving average is $82.62. Invesco S&P 500 Quality ETF has a 52-week low of $71.57 and a 52-week high of $90.36.

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.