Fmr LLC Has $286.80 Million Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fmr LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,263,355 shares of the company’s stock after acquiring an additional 184,895 shares during the quarter. Fmr LLC owned about 2.85% of Invesco S&P 500 Quality ETF worth $286,796,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 1,479.5% during the second quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after buying an additional 11,854,003 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Invesco S&P 500 Quality ETF by 5.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock valued at $527,025,000 after purchasing an additional 376,770 shares during the last quarter. LPL Financial LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock valued at $520,920,000 after purchasing an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its position in Invesco S&P 500 Quality ETF by 3.7% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock worth $489,767,000 after purchasing an additional 260,719 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Invesco S&P 500 Quality ETF by 5.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock worth $114,019,000 after purchasing an additional 94,748 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $69.07 on Monday. The company has a 50-day simple moving average of $67.42 and a 200-day simple moving average of $65.24. Invesco S&P 500 Quality ETF has a 52 week low of $51.50 and a 52 week high of $69.17. The firm has a market capitalization of $10.32 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.