Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.7% during the 1st quarter, Holdings Channel reports. The fund owned 170,750 shares of the company’s stock after purchasing an additional 20,511 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco S&P 500 Quality ETF were worth $12,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in SPHQ. Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 4.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after purchasing an additional 136 shares in the last quarter. Compound Planning Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 1.0% during the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock valued at $1,092,000 after purchasing an additional 138 shares in the last quarter. Verum Partners LLC lifted its holdings in Invesco S&P 500 Quality ETF by 0.3% in the fourth quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after purchasing an additional 141 shares during the period. Latitude Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 3.0% in the fourth quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after purchasing an additional 148 shares during the period. Finally, Brighton Jones LLC grew its position in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.2%

Invesco S&P 500 Quality ETF stock opened at $88.98 on Thursday. The stock has a market cap of $20.05 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. The company’s 50-day moving average price is $84.73 and its two-hundred day moving average price is $80.05. Invesco S&P 500 Quality ETF has a 52 week low of $70.26 and a 52 week high of $90.36.

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.