Renaissance Technologies LLC Takes $1.85 Million Position in Invesco S&P 500 Quality ETF $SPHQ

Renaissance Technologies LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 24,600 shares of the company’s stock, valued at approximately $1,850,000.

Other large investors have also bought and sold shares of the company. Invariant Investment Management bought a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at $510,000. Sequoia Financial Advisors LLC increased its holdings in Invesco S&P 500 Quality ETF by 2,247.1% during the 4th quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock worth $42,159,000 after purchasing an additional 537,812 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Invesco S&P 500 Quality ETF by 3.0% during the 4th quarter. Bank of New York Mellon Corp now owns 2,801,483 shares of the company’s stock worth $210,251,000 after purchasing an additional 80,335 shares in the last quarter. Security Financial Services INC. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at about $8,269,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 27.9% in the 4th quarter. Farther Finance Advisors LLC now owns 45,788 shares of the company’s stock valued at $3,436,000 after purchasing an additional 9,978 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $85.98 on Wednesday. The firm has a market cap of $19.75 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The stock’s 50-day moving average is $86.65 and its 200-day moving average is $82.03. Invesco S&P 500 Quality ETF has a one year low of $71.40 and a one year 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.