Triumph Capital Management Buys 5,977 Shares of Invesco S&P 500 Quality ETF $SPHQ

Triumph Capital Management bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,977 shares of the company’s stock, valued at approximately $503,000.

A number of other hedge funds have also added to or reduced their stakes in SPHQ. Envestnet Asset Management Inc. grew its position in Invesco S&P 500 Quality ETF by 236.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock valued at $606,532,000 after purchasing an additional 4,733,411 shares in the last quarter. Independence Asset Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth about $73,856,000. Sax Wealth Advisors LLC lifted its position in Invesco S&P 500 Quality ETF by 22.4% during the 3rd quarter. Sax Wealth Advisors LLC now owns 663,646 shares of the company’s stock worth $55,799,000 after buying an additional 121,595 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in Invesco S&P 500 Quality ETF by 440.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after buying an additional 535,929 shares in the last quarter. Finally, Milestone Investment Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 0.4% during the 1st quarter. Milestone Investment Advisors LLC now owns 528,118 shares of the company’s stock worth $39,709,000 after buying an additional 2,201 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $84.46 on Thursday. The company has a market cap of $18.84 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The firm has a 50-day moving average of $85.26 and a 200-day moving average of $84.28. Invesco S&P 500 Quality ETF has a one year low of $71.57 and a one year high of $90.36.

Invesco S&P 500 Quality ETF Company 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.