World Investment Advisors Purchases 12,238 Shares of Invesco S&P 500 Quality ETF $SPHQ

World Investment Advisors raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 102.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 24,138 shares of the company’s stock after purchasing an additional 12,238 shares during the quarter. World Investment Advisors’ holdings in Invesco S&P 500 Quality ETF were worth $1,769,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SPHQ. Ameriprise Financial Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 68.0% in the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after buying an additional 3,741,699 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 61.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after acquiring an additional 1,469,187 shares during the last quarter. Mainstay Capital Management LLC ADV boosted its stake in shares of Invesco S&P 500 Quality ETF by 100.8% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,345,602 shares of the company’s stock worth $95,888,000 after acquiring an additional 675,521 shares during the last quarter. Demars Financial Group LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at $40,771,000. Finally, First International Bank & Trust purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth $40,574,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $76.33 on Friday. The stock has a market cap of $15.56 billion, a P/E ratio of 25.36 and a beta of 0.92. The stock’s fifty day moving average is $74.42 and its 200 day moving average is $72.89. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $76.60.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.