Optivise Advisory Services LLC Purchases 3,722 Shares of Invesco S&P 500 Quality ETF $SPHQ

Optivise Advisory Services LLC grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 69.9% during the 2nd quarter, Holdings Channel reports. The firm owned 9,047 shares of the company’s stock after purchasing an additional 3,722 shares during the period. Optivise Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $645,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after acquiring an additional 151 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 453 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings 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 in the last quarter. Synergy Investment Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 29.0% during the 1st quarter. Synergy Investment Management LLC now owns 122,121 shares of the company’s stock valued at $8,102,000 after purchasing an additional 27,434 shares in the last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $646,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $73.79 on Tuesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $75.03. The business’s 50-day simple moving average is $73.23 and its 200-day simple moving average is $71.21. The stock has a market capitalization of $15.04 billion, a PE ratio of 25.36 and a beta of 0.92.

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.