Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 58.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 710,416 shares of the company’s stock after buying an additional 261,075 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 4.3% of Perennial Investment Advisors LLC’s portfolio, making the stock its 4th biggest position. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $52,068,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SPHQ. Dunhill Financial LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after acquiring an additional 503 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth $47,000. Smartleaf Asset Management LLC grew its position in Invesco S&P 500 Quality ETF by 197.3% in the third quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock valued at $57,000 after purchasing an additional 517 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $72,000. Finally, Optiver Holding B.V. acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $89,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $78.56 on Friday. The company’s 50-day moving average price is $78.16 and its two-hundred day moving average price is $75.21. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $81.04. The stock has a market capitalization of $16.05 billion, a PE ratio of 25.36 and a beta of 0.92.

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.