Bank of America Corp DE Has $249.08 Million Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Bank of America Corp DE increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQGet Rating) by 19.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,990,518 shares of the company’s stock after purchasing an additional 808,926 shares during the period. Bank of America Corp DE owned about 6.34% of Invesco S&P 500 Quality ETF worth $249,077,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 18.2% in the 4th quarter. LPL Financial LLC now owns 2,606,656 shares of the company’s stock worth $138,700,000 after purchasing an additional 401,759 shares during the period. Merit Financial Group LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $126,494,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 36.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,140,789 shares of the company’s stock valued at $107,516,000 after buying an additional 575,630 shares during the period. Mainstay Capital Management LLC ADV boosted its stake in shares of Invesco S&P 500 Quality ETF by 1,003.7% during the 1st quarter. Mainstay Capital Management LLC ADV now owns 1,980,665 shares of the company’s stock valued at $98,855,000 after buying an additional 1,801,204 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $98,574,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $42.44 on Wednesday. The firm has a fifty day moving average of $44.57 and a two-hundred day moving average of $45.73. Invesco S&P 500 Quality ETF has a 12-month low of $40.74 and a 12-month high of $53.90.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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