Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Park Edge Advisors LLC

Park Edge Advisors LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 31.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 111,135 shares of the company’s stock after purchasing an additional 26,358 shares during the period. Invesco S&P 500 Quality ETF comprises 2.1% of Park Edge Advisors LLC’s holdings, making the stock its 8th largest position. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,476,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of SPHQ. Envestnet Asset Management Inc. lifted its stake in Invesco S&P 500 Quality ETF by 1,479.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after purchasing an additional 11,854,003 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 89.3% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock valued at $399,681,000 after purchasing an additional 3,121,091 shares during the last quarter. LPL Financial LLC lifted its stake in Invesco S&P 500 Quality ETF by 12.2% in the 2nd quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after purchasing an additional 825,232 shares during the last quarter. Vigilare Wealth Management lifted its stake in Invesco S&P 500 Quality ETF by 2,233.5% in the 2nd quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock valued at $38,532,000 after purchasing an additional 580,440 shares during the last quarter. Finally, Silver Lake Advisory LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $35,759,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ traded down $0.07 during mid-day trading on Friday, hitting $66.66. The stock had a trading volume of 716,550 shares, compared to its average volume of 964,434. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $68.38. The stock has a market cap of $9.96 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The company’s 50 day simple moving average is $66.60 and its 200 day simple moving average is $63.74.

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.