Waverly Advisors LLC Grows Holdings in Invesco S&P 500 Quality ETF $SPHQ

Waverly Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2,547.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 269,223 shares of the company’s stock after acquiring an additional 259,054 shares during the quarter. Waverly Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $24,257,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SPHQ. Brighton Jones LLC raised its position in Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares during the period. AQR Capital Management LLC lifted its stake in Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after purchasing an additional 1,983 shares in the last quarter. Empowered Funds LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter worth $875,000. Jane Street Group LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 29.2% during the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock worth $659,000 after buying an additional 2,248 shares during the period. Finally, Invesco Ltd. boosted its position in shares of Invesco S&P 500 Quality ETF by 53.5% during the second quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock worth $8,218,000 after buying an additional 40,210 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.3%

Shares of NYSEARCA SPHQ opened at $85.06 on Wednesday. The stock has a market capitalization of $19.54 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a twelve month low of $71.57 and a twelve month high of $90.36. The stock has a fifty day simple moving average of $86.05 and a 200-day simple moving average of $83.07.

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