Invesco S&P 500 Quality ETF $SPHQ Shares Purchased by First Command Advisory Services Inc.

First Command Advisory Services Inc. boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,460,854 shares of the company’s stock after buying an additional 16,648 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 0.8% of First Command Advisory Services Inc.’s portfolio, making the stock its 13th biggest holding. First Command Advisory Services Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $107,066,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Baird Financial Group Inc. raised its stake in Invesco S&P 500 Quality ETF by 458.9% in the 2nd quarter. Baird Financial Group Inc. now owns 208,184 shares of the company’s stock valued at $14,835,000 after purchasing an additional 170,936 shares during the last quarter. Crestwood Advisors Group LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 3.4% during the second quarter. Crestwood Advisors Group LLC now owns 39,672 shares of the company’s stock worth $2,827,000 after buying an additional 1,323 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Invesco S&P 500 Quality ETF by 9.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,843,952 shares of the company’s stock valued at $131,400,000 after buying an additional 161,638 shares during the last quarter. CW Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 72.8% in the second quarter. CW Advisors LLC now owns 17,122 shares of the company’s stock worth $1,220,000 after buying an additional 7,216 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its position in Invesco S&P 500 Quality ETF by 14.8% during the third quarter. Redhawk Wealth Advisors Inc. now owns 53,100 shares of the company’s stock worth $3,892,000 after acquiring an additional 6,850 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.6%

Shares of NYSEARCA SPHQ opened at $77.30 on Tuesday. The stock has a market cap of $15.73 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $78.09. The company has a 50-day moving average of $75.57 and a 200 day moving average of $73.78.

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.