Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Increased by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 925.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,687 shares of the company’s stock after buying an additional 128,768 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 1.1% of Perennial Investment Advisors LLC’s portfolio, making the stock its 22nd largest position. Perennial Investment Advisors LLC owned approximately 0.10% of Invesco S&P 500 Quality ETF worth $9,567,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Blue Trust Inc. boosted its position in Invesco S&P 500 Quality ETF by 75.3% during the 4th quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after acquiring an additional 508 shares during the period. Brookstone Capital Management lifted its position in shares of Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after purchasing an additional 2,150 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Invesco S&P 500 Quality ETF by 75.9% during the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock worth $798,000 after purchasing an additional 5,140 shares during the period. JPMorgan Chase & Co. grew its position in Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after purchasing an additional 14,481 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $1,273,000.

Invesco S&P 500 Quality ETF Stock Down 5.9 %

SPHQ stock opened at $60.26 on Friday. The company has a 50 day moving average of $68.45 and a two-hundred day moving average of $67.97. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The company has a market cap of $10.69 billion, a price-to-earnings ratio of 26.90 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.2014 per share. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, March 24th.

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.