Bank of New York Mellon Corp Increases Position in Invesco S&P 500 Quality ETF $SPHQ

Bank of New York Mellon Corp grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,721,148 shares of the company’s stock after buying an additional 52,876 shares during the quarter. Bank of New York Mellon Corp owned 1.34% of Invesco S&P 500 Quality ETF worth $199,433,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. Brighton Jones LLC boosted its holdings in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the period. Bogart Wealth LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 19.2% during the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after purchasing an additional 155 shares during the period. Fragasso Financial Advisors Inc grew its holdings in shares of Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after purchasing an additional 157 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 1.1% in the second quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock worth $1,107,000 after purchasing an additional 166 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock worth $2,577,000 after buying an additional 168 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $77.39 on Friday. The stock has a market cap of $15.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $78.53. The firm has a 50-day moving average of $76.01 and a two-hundred day moving average of $73.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.