NorthRock Partners LLC Increases Holdings in Invesco S&P 500 Quality ETF $SPHQ

NorthRock Partners LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 117,462.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 385,604 shares of the company’s stock after purchasing an additional 385,276 shares during the period. NorthRock Partners LLC owned about 0.19% of Invesco S&P 500 Quality ETF worth $28,261,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Regal Investment Advisors LLC increased its holdings in Invesco S&P 500 Quality ETF by 159.5% during the third quarter. Regal Investment Advisors LLC now owns 9,848 shares of the company’s stock worth $722,000 after buying an additional 6,053 shares during the last quarter. Legacy Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $1,099,000. GeoWealth Management LLC boosted its stake in Invesco S&P 500 Quality ETF by 768.1% in the third quarter. GeoWealth Management LLC now owns 5,573 shares of the company’s stock valued at $408,000 after acquiring an additional 4,931 shares during the last quarter. Resurgent Financial Advisors LLC grew its position in shares of Invesco S&P 500 Quality ETF by 3.4% during the 3rd quarter. Resurgent Financial Advisors LLC now owns 25,800 shares of the company’s stock valued at $1,891,000 after acquiring an additional 855 shares during the period. Finally, Betterment LLC grew its position in shares of Invesco S&P 500 Quality ETF by 10.9% during the 3rd quarter. Betterment LLC now owns 12,167 shares of the company’s stock valued at $892,000 after acquiring an additional 1,198 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 0.2%

Shares of SPHQ stock opened at $75.96 on Friday. The firm has a market cap of $15.52 billion, a P/E ratio of 25.36 and a beta of 0.92. The company has a 50 day moving average of $78.35 and a 200-day moving average of $75.42. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04.

About Invesco S&P 500 Quality ETF

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.