5,833 Shares in Invesco S&P 500 Quality ETF $SPHQ Purchased by Vontobel Holding Ltd.

Vontobel Holding Ltd. purchased a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 5,833 shares of the company’s stock, valued at approximately $416,000.

Several other hedge funds have also recently added to or reduced their stakes in SPHQ. Ameriprise Financial Inc. raised its position in Invesco S&P 500 Quality ETF by 45.7% in the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after purchasing an additional 1,727,685 shares in the last quarter. LPL Financial LLC raised its position in Invesco S&P 500 Quality ETF by 15.2% in the first quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after purchasing an additional 1,325,931 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in Invesco S&P 500 Quality ETF in the first quarter worth about $73,239,000. Raymond James Financial Inc. raised its position in Invesco S&P 500 Quality ETF by 59.8% in the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock worth $159,230,000 after purchasing an additional 897,944 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in Invesco S&P 500 Quality ETF by 37.0% in the first quarter. Bank of New York Mellon Corp now owns 2,594,265 shares of the company’s stock worth $172,104,000 after purchasing an additional 700,168 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Up 0.7%

NYSEARCA SPHQ opened at $73.51 on Wednesday. The firm has a market cap of $15.06 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The company has a 50 day moving average of $72.68 and a 200-day moving average of $70.02. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $74.45.

Invesco S&P 500 Quality ETF 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.