Optivise Advisory Services LLC Buys 3,722 Shares of Invesco S&P 500 Quality ETF $SPHQ

Optivise Advisory Services LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 69.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,047 shares of the company’s stock after purchasing an additional 3,722 shares during the quarter. Optivise Advisory Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $645,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 15.2% during the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after purchasing an additional 1,325,931 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 4.1% during the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,043,049 shares of the company’s stock worth $573,148,000 after purchasing an additional 319,087 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Invesco S&P 500 Quality ETF by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after acquiring an additional 1,727,685 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Invesco S&P 500 Quality ETF by 2.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,668,272 shares of the company’s stock worth $190,141,000 after acquiring an additional 74,007 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Invesco S&P 500 Quality ETF by 59.8% during the 1st quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after acquiring an additional 897,944 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.4%

Shares of NYSEARCA:SPHQ opened at $73.79 on Tuesday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $75.03. The company’s 50-day moving average price is $73.23 and its two-hundred day moving average price is $71.21. The firm has a market cap of $15.04 billion, a P/E ratio of 25.36 and a beta of 0.92.

Invesco S&P 500 Quality ETF 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.