Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Acquired by Riggs Asset Managment Co. Inc.

Riggs Asset Managment Co. Inc. increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 79,755 shares of the company’s stock after purchasing an additional 1,193 shares during the period. Invesco S&P 500 Quality ETF accounts for about 1.5% of Riggs Asset Managment Co. Inc.’s investment portfolio, making the stock its 27th biggest holding. Riggs Asset Managment Co. Inc. owned about 0.05% of Invesco S&P 500 Quality ETF worth $5,365,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPHQ. Envestnet Asset Management Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 1,479.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after purchasing an additional 11,854,003 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its position in Invesco S&P 500 Quality ETF by 89.3% in the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock valued at $399,681,000 after purchasing an additional 3,121,091 shares during the last quarter. LPL Financial LLC boosted 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 valued at $483,033,000 after purchasing an additional 825,232 shares during the period. Vigilare Wealth Management grew its position in Invesco S&P 500 Quality ETF by 2,233.5% in the 2nd quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock worth $38,532,000 after purchasing an additional 580,440 shares during the last quarter. Finally, Silver Lake Advisory LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the second quarter valued at approximately $35,759,000.

Invesco S&P 500 Quality ETF Trading Down 0.1 %

SPHQ opened at $66.66 on Monday. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $68.38. The stock has a market cap of $9.96 billion, a PE ratio of 22.60 and a beta of 0.98. The business’s 50 day moving average is $66.60 and its 200-day moving average is $63.77.

Invesco S&P 500 Quality ETF 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.