Invesco S&P 500 Quality ETF $SPHQ Shares Newly Bought by Keybank National Association OH

Keybank National Association OH purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 192,729 shares of the company’s stock, valued at approximately $16,205,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Wealth Management LLC increased its position in shares of Invesco S&P 500 Quality ETF by 1.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 150,892 shares of the company’s stock valued at $12,687,000 after purchasing an additional 2,559 shares during the last quarter. Vestor Capital LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $17,559,000. AlphaCore Capital LLC lifted its position in Invesco S&P 500 Quality ETF by 126.1% in the 3rd quarter. AlphaCore Capital LLC now owns 2,519 shares of the company’s stock worth $212,000 after buying an additional 1,405 shares during the last quarter. Family Capital Management Inc. lifted its position in Invesco S&P 500 Quality ETF by 4.1% in the 3rd quarter. Family Capital Management Inc. now owns 114,603 shares of the company’s stock worth $9,636,000 after buying an additional 4,493 shares during the last quarter. Finally, Brighton Jones LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $1,715,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $85.03 on Thursday. The firm has a market cap of $19.02 billion, a P/E ratio of 25.36 and a beta of 0.91. The stock has a 50 day simple moving average of $84.28 and a two-hundred day simple moving average of $82.93. Invesco S&P 500 Quality ETF has a 1 year low of $71.57 and a 1 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.