Fifth Third Bancorp Has $30.56 Million Position in Invesco S&P 500 Quality ETF $SPHQ

Fifth Third Bancorp grew its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 10.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 406,396 shares of the company’s stock after acquiring an additional 37,150 shares during the quarter. Fifth Third Bancorp owned 0.19% of Invesco S&P 500 Quality ETF worth $30,557,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Ameriprise Financial Inc. boosted its position in shares of Invesco S&P 500 Quality ETF by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 9,247,520 shares of the company’s stock worth $658,846,000 after purchasing an additional 3,741,699 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 5.9% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 8,910,347 shares of the company’s stock valued at $668,722,000 after buying an additional 496,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco S&P 500 Quality ETF by 3.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,915,919 shares of the company’s stock valued at $611,604,000 after buying an additional 253,950 shares in the last quarter. Bank of America Corp DE raised its stake in Invesco S&P 500 Quality ETF by 8.0% during the 3rd quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock worth $345,204,000 after buying an additional 349,166 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Invesco S&P 500 Quality ETF by 15.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after buying an additional 603,848 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.5%

SPHQ stock opened at $86.82 on Tuesday. The business’s 50-day moving average price is $85.90 and its two-hundred day moving average price is $80.72. The firm has a market cap of $19.78 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 1-year low of $70.26 and a 1-year high of $90.36.

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.