Bath Savings Trust Co Acquires 27,832 Shares of Invesco S&P 500 Quality ETF $SPHQ

Bath Savings Trust Co bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the third quarter, HoldingsChannel reports. The fund bought 27,832 shares of the company’s stock, valued at approximately $2,340,000.

Other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 236.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after buying an additional 4,733,411 shares during the period. Independence Asset Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $73,856,000. Rockefeller Capital Management L.P. increased its holdings in Invesco S&P 500 Quality ETF by 440.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 657,603 shares of the company’s stock worth $49,353,000 after acquiring an additional 535,929 shares in the last quarter. Sax Wealth Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 21.3% during the second quarter. Sax Wealth Advisors LLC now owns 542,051 shares of the company’s stock valued at $48,839,000 after purchasing an additional 95,095 shares in the last quarter. Finally, Milestone Investment Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 0.4% in the first quarter. Milestone Investment Advisors LLC now owns 528,118 shares of the company’s stock worth $39,709,000 after purchasing an additional 2,201 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock traded down $0.39 on Wednesday, hitting $85.21. 1,282,104 shares of the stock traded hands, compared to its average volume of 1,625,008. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36. The firm has a 50 day simple moving average of $85.26 and a two-hundred day simple moving average of $83.87. The firm has a market cap of $18.89 billion, a price-to-earnings 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.