J.W. Cole Advisors Inc. Has $1.98 Million Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

J.W. Cole Advisors Inc. grew its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,590 shares of the company’s stock after buying an additional 1,739 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,979,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SPHQ. JPMorgan Chase & Co. bought a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $150,000. Raymond James & Associates boosted its position in shares of Invesco S&P 500 Quality ETF by 5.3% during the 1st quarter. Raymond James & Associates now owns 44,610 shares of the company’s stock valued at $2,226,000 after purchasing an additional 2,226 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Invesco S&P 500 Quality ETF by 12.7% during the 1st quarter. Bank of New York Mellon Corp now owns 5,421 shares of the company’s stock valued at $271,000 after purchasing an additional 610 shares in the last quarter. Citigroup Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 23.7% during the 1st quarter. Citigroup Inc. now owns 3,463 shares of the company’s stock valued at $173,000 after purchasing an additional 663 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Invesco S&P 500 Quality ETF by 44.5% during the 1st quarter. Bank of Montreal Can now owns 8,505 shares of the company’s stock valued at $432,000 after purchasing an additional 2,618 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $57.33 on Friday. The business’s 50 day simple moving average is $59.06 and its two-hundred day simple moving average is $54.93. The firm has a market cap of $8.31 billion, a P/E ratio of 21.97 and a beta of 0.96. Invesco S&P 500 Quality ETF has a 52-week low of $46.71 and a 52-week high of $60.77.

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.