Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 51,405 shares of the company’s stock after purchasing an additional 857 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,446,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management grew its position in Invesco S&P 500 Quality ETF by 25.4% in the 4th quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock valued at $711,000 after buying an additional 2,150 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after acquiring an additional 14,481 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $1,273,000. Clarius Group LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 18.7% during the third quarter. Clarius Group LLC now owns 4,753 shares of the company’s stock valued at $320,000 after acquiring an additional 750 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the second quarter worth approximately $796,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $68.11 on Monday. Invesco S&P 500 Quality ETF has a 1 year low of $54.14 and a 1 year high of $69.97. The firm has a market cap of $10.18 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock has a fifty day moving average price of $68.07 and a two-hundred day moving average price of $66.53.

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.