Mainstay Capital Management LLC ADV raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 51.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,453,755 shares of the company’s stock after acquiring an additional 492,561 shares during the quarter. Invesco S&P 500 Quality ETF makes up 16.4% of Mainstay Capital Management LLC ADV’s portfolio, making the stock its 2nd largest holding. Mainstay Capital Management LLC ADV owned about 0.97% of Invesco S&P 500 Quality ETF worth $97,794,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Woodmont Investment Counsel LLC bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at $25,000. SYM FINANCIAL Corp acquired a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth about $43,000. ORG Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $45,000. Finally, Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at approximately $47,000.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ opened at $66.73 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $68.38. The firm has a market capitalization of $9.97 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business’s fifty day moving average price is $66.57 and its two-hundred day moving average price is $63.66.
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.
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