Perennial Investment Advisors LLC Has $9.57 Million Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Perennial Investment Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 925.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 142,687 shares of the company’s stock after buying an additional 128,768 shares during the quarter. Invesco S&P 500 Quality ETF comprises 1.1% of Perennial Investment Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $9,567,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPHQ. Millstone Evans Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $33,000. Briaud Financial Planning Inc acquired a new position in Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $34,000. Luken Investment Analytics LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $40,000. Lee Danner & Bass Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth $40,000. Finally, Howe & Rusling Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth $40,000.

Invesco S&P 500 Quality ETF Trading Down 5.9 %

NYSEARCA:SPHQ opened at $60.26 on Friday. The firm has a market capitalization of $10.69 billion, a PE ratio of 26.90 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 1 year low of $57.17 and a 1 year high of $71.22. The firm’s fifty day simple moving average is $68.45 and its 200 day simple moving average is $67.97.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.2014 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from Invesco S&P 500 Quality ETF’s previous dividend of $0.18.

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.