Weaver Consulting Group Boosts Stake in Invesco S&P 500 Quality ETF $SPHQ

Weaver Consulting Group increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 137.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,426 shares of the company’s stock after purchasing an additional 33,775 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 1.2% of Weaver Consulting Group’s investment portfolio, making the stock its 22nd largest holding. Weaver Consulting Group’s holdings in Invesco S&P 500 Quality ETF were worth $4,163,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Invesco S&P 500 Quality ETF by 15.2% in the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after buying an additional 1,325,931 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 4.1% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock worth $573,148,000 after purchasing an additional 319,087 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 45.7% in the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after acquiring an additional 1,727,685 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Invesco S&P 500 Quality ETF by 2.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,668,272 shares of the company’s stock worth $190,141,000 after purchasing an additional 74,007 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in Invesco S&P 500 Quality ETF by 59.8% in the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after purchasing an additional 897,944 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $72.61 on Thursday. The firm has a 50-day simple moving average of $73.49 and a two-hundred day simple moving average of $71.89. The firm has a market cap of $14.80 billion, a P/E ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $75.03.

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.