Invesco S&P 500 Quality ETF $SPHQ Shares Newly Acquired by Lido Advisors LLC

Lido Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 203,968 shares of the company’s stock, valued at approximately $17,150,000. Lido Advisors LLC owned approximately 0.09% of Invesco S&P 500 Quality ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPHQ. Keybank National Association OH acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $16,205,000. Cornerstone Wealth Management LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 1.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 150,892 shares of the company’s stock valued at $12,687,000 after acquiring an additional 2,559 shares in the last quarter. Vestor Capital LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $17,559,000. AlphaCore Capital LLC boosted its stake in Invesco S&P 500 Quality ETF by 126.1% in the 3rd quarter. AlphaCore Capital LLC now owns 2,519 shares of the company’s stock worth $212,000 after purchasing an additional 1,405 shares during the period. Finally, Family Capital Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 4.1% in the 3rd quarter. Family Capital Management Inc. now owns 114,603 shares of the company’s stock worth $9,636,000 after purchasing an additional 4,493 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $85.03 on Thursday. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36. The firm has a market capitalization of $19.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The company has a 50 day moving average price of $84.28 and a 200 day moving average price of $82.93.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.