Invesco S&P 500 Quality ETF $SPHQ Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 50.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 419,094 shares of the company’s stock after buying an additional 140,246 shares during the quarter. JPMorgan Chase & Co.’s holdings in Invesco S&P 500 Quality ETF were worth $30,715,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Ancora Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $35,000. Burkett Financial Services LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $37,000. Dunhill Financial LLC lifted its holdings in Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after buying an additional 503 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $47,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 197.3% in the third quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after acquiring an additional 517 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.0%

Shares of NYSEARCA SPHQ opened at $75.24 on Monday. The stock has a market cap of $15.37 billion, a P/E ratio of 25.36 and a beta of 0.92. The business’s fifty day simple moving average is $78.30 and its 200-day simple moving average is $75.60. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $81.04.

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.