JPMorgan Chase & Co. Buys 140,246 Shares of Invesco S&P 500 Quality ETF $SPHQ

JPMorgan Chase & Co. raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 50.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 419,094 shares of the company’s stock after acquiring an additional 140,246 shares during the period. JPMorgan Chase & Co. owned approximately 0.21% of Invesco S&P 500 Quality ETF worth $30,715,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.5% in the third quarter. Fragasso Financial Advisors Inc now owns 31,677 shares of the company’s stock worth $2,342,000 after buying an additional 157 shares in the last quarter. Brown Advisory Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF by 1.1% during the second quarter. Brown Advisory Inc. now owns 15,535 shares of the company’s stock valued at $1,107,000 after buying an additional 166 shares during the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Invesco S&P 500 Quality ETF by 0.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 35,163 shares of the company’s stock valued at $2,577,000 after acquiring an additional 168 shares in the last quarter. Finally, Capital Asset Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 1.5% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 12,468 shares of the company’s stock worth $914,000 after acquiring an additional 181 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.4%

SPHQ stock opened at $80.94 on Friday. The stock’s 50 day simple moving average is $77.89 and its 200 day simple moving average is $75.04. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.05. The stock has a market capitalization of $16.53 billion, a PE ratio of 25.36 and a beta of 0.92.

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.