Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by Beacon Bridge Wealth Partners LLC

Beacon Bridge Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,174 shares of the company’s stock after purchasing an additional 950 shares during the period. Beacon Bridge Wealth Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $725,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SPHQ. Ameriprise Financial Inc. increased its holdings in Invesco S&P 500 Quality ETF by 45.7% in the 1st quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock valued at $365,193,000 after purchasing an additional 1,727,685 shares in the last quarter. LPL Financial LLC grew its stake 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 valued at $666,336,000 after acquiring an additional 1,325,931 shares in the last quarter. Alpine Bank Wealth Management acquired a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at about $73,239,000. Raymond James Financial Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 59.8% during the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after acquiring an additional 897,944 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Invesco S&P 500 Quality ETF by 37.0% during the first quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock valued at $172,104,000 after acquiring an additional 700,168 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $73.52 on Friday. The business has a 50-day moving average of $72.58 and a 200-day moving average of $69.87. The company has a market capitalization of $15.06 billion, a PE ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $74.45.

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.