Invesco S&P 500 Quality ETF $SPHQ is Perennial Investment Advisors LLC’s 6th Largest Position

Perennial Investment Advisors LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 38.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 449,341 shares of the company’s stock after acquiring an additional 124,616 shares during the period. Invesco S&P 500 Quality ETF accounts for about 3.1% of Perennial Investment Advisors LLC’s holdings, making the stock its 6th biggest position. Perennial Investment Advisors LLC owned approximately 0.22% of Invesco S&P 500 Quality ETF worth $32,021,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPHQ. First American Trust FSB increased its stake in Invesco S&P 500 Quality ETF by 5.3% in the second quarter. First American Trust FSB now owns 3,989 shares of the company’s stock valued at $284,000 after purchasing an additional 200 shares during the period. Dorsey & Whitney Trust CO LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $206,000. Western Wealth Management LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.6% in the 2nd quarter. Western Wealth Management LLC now owns 64,640 shares of the company’s stock valued at $4,606,000 after purchasing an additional 1,021 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco S&P 500 Quality ETF by 38.3% in the second quarter. Rockefeller Capital Management L.P. now owns 123,136 shares of the company’s stock valued at $8,775,000 after purchasing an additional 34,073 shares during the period. Finally, Kingsview Wealth Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 22.7% during the second quarter. Kingsview Wealth Management LLC now owns 110,242 shares of the company’s stock worth $7,856,000 after purchasing an additional 20,387 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $72.60 on Tuesday. The stock has a fifty day moving average price of $73.48 and a 200 day moving average price of $71.84. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $75.03. The company has a market cap of $14.80 billion, a PE ratio of 25.36 and a beta of 0.92.

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.