Essex Financial Services Inc. Has $9.81 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

Essex Financial Services Inc. lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 133,806 shares of the company’s stock after purchasing an additional 7,021 shares during the quarter. Essex Financial Services Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $9,807,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted 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 buying an additional 151 shares during the period. Bogart Wealth LLC raised its position in shares of Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after acquiring an additional 155 shares in the last quarter. Fragasso Financial Advisors Inc raised its position in shares of Invesco S&P 500 Quality ETF by 0.5% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after acquiring an additional 157 shares in the last quarter. Brown Advisory Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 1.1% in the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after purchasing an additional 166 shares during the period. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 0.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after purchasing an additional 168 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $79.67 on Wednesday. The stock has a market capitalization of $16.27 billion, a P/E ratio of 25.36 and a beta of 0.92. The business has a 50 day simple moving average of $77.15 and a 200 day simple moving average of $74.58. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $80.58.

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.