Commonwealth Equity Services LLC Has $44.95 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Commonwealth Equity Services LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 891,041 shares of the company’s stock after acquiring an additional 95,048 shares during the quarter. Commonwealth Equity Services LLC owned about 0.82% of Invesco S&P 500 Quality ETF worth $44,953,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SPHQ. Sunbelt Securities Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $30,000. Advisors Preferred LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at $38,000. Meitav Investment House Ltd. acquired a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $38,000. Finally, Bartlett & Co. LLC acquired a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $56,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $51.77 on Friday. The stock’s fifty day moving average price is $50.42 and its two-hundred day moving average price is $50.17. Invesco S&P 500 Quality ETF has a one year low of $43.04 and a one year high of $52.83. The firm has a market cap of $5.60 billion, a price-to-earnings ratio of 16.07 and a beta of 0.94.

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.