Crestwood Advisors Group LLC Purchases 1,323 Shares of Invesco S&P 500 Quality ETF $SPHQ

Crestwood Advisors Group LLC increased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,672 shares of the company’s stock after acquiring an additional 1,323 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,827,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 15.2% in the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after acquiring an additional 1,325,931 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 4.1% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock valued at $573,148,000 after acquiring an additional 319,087 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 45.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after acquiring an additional 1,727,685 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Invesco S&P 500 Quality ETF by 2.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,668,272 shares of the company’s stock valued at $190,141,000 after acquiring an additional 74,007 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Invesco S&P 500 Quality ETF by 59.8% in the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after acquiring an additional 897,944 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.6%

NYSEARCA:SPHQ opened at $73.72 on Thursday. The company has a fifty day moving average of $73.27 and a 200-day moving average of $71.30. The firm has a market capitalization of $15.03 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $75.03.

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.