Comerica Bank Grows Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Comerica Bank boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 69,958 shares of the company’s stock after buying an additional 196 shares during the quarter. Comerica Bank’s holdings in Invesco S&P 500 Quality ETF were worth $4,689,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bernard Wealth Management Corp. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $26,000. Millstone Evans Group LLC acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $33,000. Briaud Financial Planning Inc purchased a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $34,000. Luken Investment Analytics LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $40,000. Finally, Lee Danner & Bass Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $40,000.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $66.99 on Tuesday. The stock has a 50 day moving average price of $65.44 and a 200 day moving average price of $67.42. The stock has a market cap of $12.34 billion, a PE ratio of 26.20 and a beta of 0.95. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $71.22.

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.