Evergreen Capital Management LLC Acquires 33,861 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Evergreen Capital Management LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 277,250 shares of the company’s stock after purchasing an additional 33,861 shares during the quarter. Evergreen Capital Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $17,616,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1,479.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock valued at $804,114,000 after buying an additional 11,854,003 shares during the last quarter. LPL Financial LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 12.2% during the 2nd quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock worth $483,033,000 after purchasing an additional 825,232 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 6.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,457,710 shares of the company’s stock valued at $473,863,000 after purchasing an additional 479,490 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 6.1% in the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,019,899 shares of the company’s stock valued at $446,044,000 after purchasing an additional 404,861 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Invesco S&P 500 Quality ETF by 5.6% during the second quarter. Bank of New York Mellon Corp now owns 1,794,452 shares of the company’s stock worth $114,019,000 after purchasing an additional 94,748 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.2 %

SPHQ stock opened at $67.20 on Monday. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $67.54. The business’s 50 day simple moving average is $64.88 and its 200 day simple moving average is $62.48. The firm has a market capitalization of $10.04 billion, a PE ratio of 22.60 and a beta of 0.98.

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.