Blue Trust Inc. Makes New Investment in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 675 shares of the company’s stock, valued at approximately $43,000.

A number of other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its holdings in 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 acquiring an additional 11,854,003 shares during the last quarter. LPL Financial LLC raised its stake in 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 acquiring an additional 825,232 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 6.9% in the second 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 increased its stake in Invesco S&P 500 Quality ETF by 3.7% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock valued at $489,767,000 after purchasing an additional 260,719 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of 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 acquiring an additional 94,748 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.3 %

Shares of Invesco S&P 500 Quality ETF stock opened at $65.89 on Friday. The firm has a market cap of $9.85 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $49.31 and a 52-week high of $68.38. The company’s 50-day simple moving average is $66.66 and its 200-day simple moving average is $63.90.

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.