Perryman Financial Advisory Inc. AD Makes New $5.55 Million Investment in Invesco S&P 500 Quality ETF $SPHQ

Perryman Financial Advisory Inc. AD purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 66,017 shares of the company’s stock, valued at approximately $5,551,000.

Several other institutional investors have also recently bought and sold shares of SPHQ. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth $649,488,000. Envestnet Asset Management Inc. boosted its position in Invesco S&P 500 Quality ETF by 236.9% during the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock valued at $606,532,000 after acquiring an additional 4,733,411 shares during the last quarter. Independence Asset Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $73,856,000. Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P 500 Quality ETF by 440.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after buying an additional 535,929 shares during the period. Finally, Union Savings Bank bought a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at $36,173,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock traded down $0.92 during trading hours on Friday, reaching $83.96. The company’s stock had a trading volume of 1,473,427 shares, compared to its average volume of 1,606,011. The stock’s fifty day simple moving average is $85.20 and its two-hundred day simple moving average is $84.35. The company has a market capitalization of $18.73 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a one year low of $71.57 and a one year high of $90.36.

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.