OneDigital Investment Advisors LLC Has $877,000 Stake in Invesco S&P 500 Quality ETF $SPHQ

OneDigital Investment Advisors LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 245.2% in the third quarter, Holdings Channel.com reports. The firm owned 11,965 shares of the company’s stock after purchasing an additional 8,499 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $877,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Ameriprise Financial Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $245,312,000. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after buying an additional 1,469,187 shares during the period. Envestnet Asset Management Inc. grew its holdings in Invesco S&P 500 Quality ETF by 56.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,892,833 shares of the company’s stock worth $212,016,000 after acquiring an additional 1,039,995 shares during the last quarter. Finally, Compass Ion Advisors LLC increased its position in Invesco S&P 500 Quality ETF by 1,614.2% in the 3rd quarter. Compass Ion Advisors LLC now owns 718,232 shares of the company’s stock valued at $52,639,000 after acquiring an additional 676,332 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $80.64 on Friday. The company has a market capitalization of $16.47 billion, a P/E ratio of 25.36 and a beta of 0.92. The company has a fifty day moving average price of $77.79 and a 200-day moving average price of $74.95. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $80.97.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.