Bank of New York Mellon Corp Increases Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Bank of New York Mellon Corp lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,894,097 shares of the company’s stock after acquiring an additional 43,146 shares during the quarter. Bank of New York Mellon Corp owned 1.27% of Invesco S&P 500 Quality ETF worth $126,961,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Luken Investment Analytics LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $40,000. Blue Trust Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $43,000. DHJJ Financial Advisors Ltd. increased its stake in shares of Invesco S&P 500 Quality ETF by 42.1% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock worth $69,000 after acquiring an additional 307 shares during the period. Finally, Arrow Financial Corp acquired a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $106,000.

Invesco S&P 500 Quality ETF Stock Up 1.5 %

Shares of Invesco S&P 500 Quality ETF stock opened at $70.29 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The company’s 50-day simple moving average is $68.93 and its 200-day simple moving average is $67.74. The firm has a market cap of $11.90 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

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.