Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 58.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 710,416 shares of the company’s stock after buying an additional 261,075 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 4.3% of Perennial Investment Advisors LLC’s holdings, making the stock its 4th largest holding. Perennial Investment Advisors LLC owned 0.35% of Invesco S&P 500 Quality ETF worth $52,068,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares during the period. Fragasso Financial Advisors Inc increased its stake in Invesco S&P 500 Quality ETF by 0.5% during the 3rd quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after purchasing an additional 157 shares in the last quarter. Brown Advisory Inc. raised its holdings in Invesco S&P 500 Quality ETF by 1.1% during the 2nd quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock worth $1,107,000 after buying an additional 166 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after buying an additional 168 shares in the last quarter. Finally, Symphony Financial Services Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.6% in the third quarter. Symphony Financial Services Inc. now owns 11,190 shares of the company’s stock valued at $820,000 after buying an additional 177 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 1.4%

Shares of SPHQ stock opened at $78.56 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04. The firm has a fifty day moving average of $78.16 and a 200-day moving average of $75.21. The company has a market capitalization of $16.05 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.