Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Park Edge Advisors LLC

Park Edge Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 25.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,898 shares of the company’s stock after purchasing an additional 11,177 shares during the period. Invesco S&P 500 Quality ETF makes up 0.9% of Park Edge Advisors LLC’s holdings, making the stock its 20th biggest position. Park Edge Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,097,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 68.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock valued at $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 61.2% during the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after purchasing an additional 1,469,187 shares in the last quarter. Mainstay Capital Management LLC ADV grew its holdings in Invesco S&P 500 Quality ETF by 100.8% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,345,602 shares of the company’s stock valued at $95,888,000 after purchasing an additional 675,521 shares during the period. Demars Financial Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $40,771,000. Finally, First International Bank & Trust purchased a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $40,574,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $75.28 on Friday. The firm has a market cap of $15.34 billion, a PE ratio of 25.36 and a beta of 0.92. The firm has a fifty day moving average of $74.07 and a 200 day moving average of $72.66. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $76.60.

About Invesco S&P 500 Quality ETF

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.