Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 236.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,731,769 shares of the company’s stock after purchasing an additional 4,733,411 shares during the period. Envestnet Asset Management Inc. owned about 3.03% of Invesco S&P 500 Quality ETF worth $606,532,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Bank of New York Mellon Corp now owns 2,801,483 shares of the company’s stock valued at $210,251,000 after purchasing an additional 80,335 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco S&P 500 Quality ETF by 1.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,308,323 shares of the company’s stock valued at $173,240,000 after buying an additional 38,453 shares in the last quarter. Sfmg LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 1.0% during the 4th quarter. Sfmg LLC now owns 1,668,107 shares of the company’s stock worth $125,191,000 after buying an additional 16,565 shares during the period. Independence Asset Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $73,856,000. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Invesco S&P 500 Quality ETF by 440.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock valued at $49,353,000 after buying an additional 535,929 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock traded down $0.38 during trading on Wednesday, reaching $84.60. The company had a trading volume of 1,521,294 shares, compared to its average volume of 1,655,852. The firm’s 50-day simple moving average is $85.33 and its 200 day simple moving average is $83.34. Invesco S&P 500 Quality ETF has a 1-year low of $71.57 and a 1-year high of $90.36. The firm has a market capitalization of $18.77 billion, a PE ratio of 25.36 and a beta of 0.91.

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.