Invesco S&P 500 Quality ETF $SPHQ Stock: Santori & Peters Inc. Increases Stake

Santori & Peters Inc. grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,422 shares of the company’s stock after acquiring an additional 7,676 shares during the quarter. Invesco S&P 500 Quality ETF accounts for about 2.9% of Santori & Peters Inc.’s holdings, making the stock its 5th largest position. Santori & Peters Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $10,882,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $649,488,000. Envestnet Asset Management Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 236.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock valued at $606,532,000 after purchasing an additional 4,733,411 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in Invesco S&P 500 Quality ETF in the third quarter worth $269,341,000. Independence Asset Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the first quarter worth $73,856,000. Finally, Demars Financial Group LLC lifted its position in Invesco S&P 500 Quality ETF by 5.8% in the third quarter. Demars Financial Group LLC now owns 776,231 shares of the company’s stock worth $65,265,000 after purchasing an additional 42,593 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $83.59 on Tuesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $71.57 and a fifty-two week high of $90.36. The firm’s fifty day moving average price is $84.90 and its two-hundred day moving average price is $82.54. The company has a market capitalization of $18.68 billion, a P/E 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.