Renaissance Technologies LLC Acquires Shares of 24,600 Invesco S&P 500 Quality ETF $SPHQ

Renaissance Technologies LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 24,600 shares of the company’s stock, valued at approximately $1,850,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after buying an additional 1,983 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth about $875,000. Jane Street Group LLC grew its position in shares of Invesco S&P 500 Quality ETF by 29.2% during the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock worth $659,000 after buying an additional 2,248 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Invesco S&P 500 Quality ETF by 53.5% in the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after acquiring an additional 40,210 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $85.98 on Wednesday. The firm has a market capitalization of $19.75 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The company’s 50 day simple moving average is $86.65 and its 200 day simple moving average is $82.03. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.40 and a fifty-two week high of $90.36.

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