Park Avenue Securities LLC Purchases 67,277 Shares of Invesco S&P 500 Quality ETF $SPHQ

Park Avenue Securities LLC boosted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 201.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,660 shares of the company’s stock after acquiring an additional 67,277 shares during the period. Park Avenue Securities LLC’s holdings in Invesco S&P 500 Quality ETF were worth $7,377,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Berkshire Money Management Inc. bought a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Independence Bank of Kentucky purchased a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter worth $33,000. Bogart Wealth LLC boosted its stake in Invesco S&P 500 Quality ETF by 19.2% during the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after buying an additional 155 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $72,000. Finally, Adirondack Trust Co. purchased a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $77,000.

Invesco S&P 500 Quality ETF Stock Down 1.1%

NYSEARCA:SPHQ opened at $76.43 on Thursday. The stock has a market cap of $15.46 billion, a P/E ratio of 25.36 and a beta of 0.92. The business’s 50-day moving average price is $74.66 and its two-hundred day moving average price is $73.22. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $77.32.

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