Concurrent Investment Advisors LLC Purchases 21,630 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Concurrent Investment Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 65.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,722 shares of the company’s stock after purchasing an additional 21,630 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,668,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brookstone Capital Management raised its holdings in Invesco S&P 500 Quality ETF by 25.4% during the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after buying an additional 2,150 shares during the last quarter. Blue Trust Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after acquiring an additional 508 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock worth $14,767,000 after acquiring an additional 14,481 shares during the last quarter. Jane Street Group LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $1,273,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $239,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $70.95 on Friday. The firm has a market capitalization of $10.60 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $56.56 and a 52 week high of $71.22. The stock has a 50 day moving average price of $68.81 and a two-hundred day moving average price of $67.47.

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.