Sigma Planning Corp Raises Position in Invesco S&P 500 Quality ETF $SPHQ

Sigma Planning Corp lifted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,913 shares of the company’s stock after purchasing an additional 9,323 shares during the quarter. Sigma Planning Corp’s holdings in Invesco S&P 500 Quality ETF were worth $5,933,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 68.0% in the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 5.9% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock worth $668,722,000 after acquiring an additional 496,439 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 3.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock valued at $611,604,000 after acquiring an additional 253,950 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco S&P 500 Quality ETF by 8.0% during the third quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after acquiring an additional 349,166 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 15.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock valued at $327,844,000 after purchasing an additional 603,848 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.2%

SPHQ stock opened at $87.03 on Wednesday. The firm has a 50 day moving average of $86.00 and a 200 day moving average of $80.80. The stock has a market capitalization of $19.86 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 52 week low of $70.26 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.