Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 32.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 28,148 shares of the company’s stock after acquiring an additional 6,849 shares during the period. Parsons Capital Management Inc. RI’s holdings in Invesco S&P 500 Quality ETF were worth $2,112,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 51.2% in the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after buying an additional 1,983 shares during the last quarter. Empowered Funds LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth $875,000. Jane Street Group LLC raised its stake in Invesco S&P 500 Quality ETF by 29.2% during the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock worth $659,000 after acquiring an additional 2,248 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Quality ETF by 10.6% in the second quarter. JPMorgan Chase & Co. now owns 278,848 shares of the company’s stock valued at $19,871,000 after acquiring an additional 26,711 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $74.11 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $81.04. The company has a market capitalization of $15.14 billion, a PE ratio of 25.36 and a beta of 0.92. The company has a fifty day moving average of $78.10 and a two-hundred day moving average of $75.66.

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.