Bauman Advisory Group LLC Makes New $1.52 Million Investment in Invesco S&P 500 Quality ETF $SPHQ

Bauman Advisory Group LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 20,269 shares of the company’s stock, valued at approximately $1,521,000. Invesco S&P 500 Quality ETF accounts for 1.2% of Bauman Advisory Group LLC’s portfolio, making the stock its 16th biggest position.

Several other institutional investors have also modified their holdings of SPHQ. Brighton Jones LLC increased its stake in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 51.2% during the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after buying an additional 1,983 shares in the last quarter. Empowered Funds LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $875,000. Jane Street Group LLC raised its position in Invesco S&P 500 Quality ETF by 29.2% in the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after buying an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in Invesco S&P 500 Quality ETF by 53.5% in the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after acquiring an additional 40,210 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $89.36 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $68.89 and a 52 week high of $89.94. The stock’s 50 day moving average price is $83.11 and its two-hundred day moving average price is $79.19. The stock has a market capitalization of $19.02 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.