MML Investors Services LLC Buys 82,987 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

MML Investors Services LLC grew its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 19.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 517,598 shares of the company’s stock after acquiring an additional 82,987 shares during the quarter. MML Investors Services LLC owned 0.35% of Invesco S&P 500 Quality ETF worth $34,695,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. First Command Advisory Services Inc. increased its stake in Invesco S&P 500 Quality ETF by 0.9% in the fourth quarter. First Command Advisory Services Inc. now owns 12,434,226 shares of the company’s stock valued at $833,466,000 after purchasing an additional 116,159 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 0.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 12,252,845 shares of the company’s stock valued at $821,308,000 after buying an additional 107,922 shares in the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 8,718,323 shares of the company’s stock valued at $584,389,000 after buying an additional 974,609 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 5.4% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,673,847 shares of the company’s stock worth $514,378,000 after buying an additional 393,229 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in Invesco S&P 500 Quality ETF by 1.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,167,576 shares of the company’s stock worth $212,323,000 after acquiring an additional 53,845 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $63.00 on Monday. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22. The company has a market capitalization of $11.61 billion, a P/E ratio of 26.20 and a beta of 0.95. The business has a 50-day moving average of $66.64 and a two-hundred day moving average of $67.59.

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.