Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Boosted by Park Edge Advisors LLC

Park Edge Advisors LLC increased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 29.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,777 shares of the company’s stock after buying an additional 19,526 shares during the quarter. Invesco S&P 500 Quality ETF comprises 1.6% of Park Edge Advisors LLC’s portfolio, making the stock its 9th largest position. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $5,387,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Fifth Third Bancorp increased its holdings in shares of Invesco S&P 500 Quality ETF by 18,094.4% in the 1st quarter. Fifth Third Bancorp now owns 4,620,115 shares of the company’s stock valued at $279,147,000 after acquiring an additional 4,594,722 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 89.3% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock worth $399,681,000 after purchasing an additional 3,121,091 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco S&P 500 Quality ETF by 20.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock worth $421,624,000 after purchasing an additional 1,183,904 shares during the period. UBS Group AG raised its position in Invesco S&P 500 Quality ETF by 107.3% during the fourth quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock valued at $68,908,000 after buying an additional 659,657 shares during the period. Finally, Wells Fargo & Company MN raised its position in Invesco S&P 500 Quality ETF by 38.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock valued at $116,140,000 after buying an additional 601,790 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 0.4 %

NYSEARCA SPHQ traded up $0.24 on Tuesday, reaching $66.09. The stock had a trading volume of 552,874 shares, compared to its average volume of 977,021. The company has a market capitalization of $9.88 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business has a 50 day moving average price of $64.23 and a 200 day moving average price of $61.46. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $66.30.

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.