Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,894,097 shares of the company’s stock after buying an additional 43,146 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco S&P 500 Quality ETF were worth $126,961,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. Focus Financial Network Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 3.2% in the third quarter. Focus Financial Network Inc. now owns 211,867 shares of the company’s stock valued at $14,252,000 after purchasing an additional 6,650 shares during the last quarter. Creative Financial Designs Inc. ADV grew its position in shares of Invesco S&P 500 Quality ETF by 98.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 248,305 shares of the company’s stock valued at $16,703,000 after purchasing an additional 123,483 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $2,417,000. Finally, Key Financial Inc grew its position in shares of Invesco S&P 500 Quality ETF by 2.9% in the third quarter. Key Financial Inc now owns 10,977 shares of the company’s stock valued at $738,000 after purchasing an additional 306 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $70.29 on Friday. The company’s 50 day simple moving average is $68.93 and its 200-day simple moving average is $67.74. The firm has a market capitalization of $11.90 billion, a PE ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22.

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.