TSG Advice Partners LLC acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 82,050 shares of the company’s stock, valued at approximately $7,393,000. Invesco S&P 500 Quality ETF accounts for 1.0% of TSG Advice Partners LLC’s investment portfolio, making the stock its 22nd biggest holding.
A number of other large investors have also recently bought and sold shares of SPHQ. Cliftonlarsonallen Wealth Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $649,488,000. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 236.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after purchasing an additional 4,733,411 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $269,341,000. Compass Ion Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $65,102,000. Finally, Evensky & Katz LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $64,261,000.
Invesco S&P 500 Quality ETF Trading Up 0.2%
Shares of SPHQ opened at $83.14 on Tuesday. The stock has a market capitalization of $18.55 billion, a P/E ratio of 25.36 and a beta of 0.91. The firm’s fifty day simple moving average is $84.64 and its two-hundred day simple moving average is $82.71. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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