Cerro Pacific Wealth Advisors LLC Purchases 9,120 Shares of Invesco S&P 500 Quality ETF $SPHQ

Cerro Pacific Wealth Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 18.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 58,571 shares of the company’s stock after purchasing an additional 9,120 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 1.2% of Cerro Pacific Wealth Advisors LLC’s holdings, making the stock its 23rd biggest holding. Cerro Pacific Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,174,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 15.2% during the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock valued at $666,336,000 after purchasing an additional 1,325,931 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 4.1% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock valued at $573,148,000 after purchasing an additional 319,087 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after purchasing an additional 1,727,685 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Invesco S&P 500 Quality ETF by 37.0% during the 1st quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock valued at $172,104,000 after purchasing an additional 700,168 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 59.8% during the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after purchasing an additional 897,944 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $72.21 on Friday. The company has a market cap of $14.79 billion, a P/E ratio of 25.36 and a beta of 0.94. The business’s 50 day moving average price is $72.61 and its 200-day moving average price is $69.93. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $74.45.

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.