Patriot Financial Group Insurance Agency LLC Has $3.73 Million Holdings in Invesco S&P 500 Quality ETF $SPHQ

Patriot Financial Group Insurance Agency LLC grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 113.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 49,600 shares of the company’s stock after purchasing an additional 26,325 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,729,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. Ameriprise Financial Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after buying an additional 3,741,699 shares during the period. Raymond James Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 61.2% during the second quarter. Raymond James Financial Inc. now owns 3,869,397 shares of the company’s stock worth $275,733,000 after buying an additional 1,469,187 shares during the last quarter. Alvarez & Marsal Private Wealth Partners LLC acquired a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at $58,114,000. Sequoia Financial Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 2,247.1% in the fourth quarter. Sequoia Financial Advisors LLC now owns 561,746 shares of the company’s stock valued at $42,159,000 after buying an additional 537,812 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in Invesco S&P 500 Quality ETF by 440.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock valued at $49,353,000 after buying an additional 535,929 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $86.85 on Monday. The firm’s fifty day simple moving average is $84.17 and its two-hundred day simple moving average is $79.76. Invesco S&P 500 Quality ETF has a 12 month low of $70.26 and a 12 month high of $90.26. The stock has a market capitalization of $18.49 billion, a P/E ratio of 25.36 and a beta of 0.91.

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.