Oppenheimer Asset Management Inc. Takes Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Oppenheimer Asset Management Inc. purchased a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,547 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. EP Wealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 3.1% in the 1st quarter. EP Wealth Advisors LLC now owns 12,379 shares of the company’s stock worth $748,000 after acquiring an additional 376 shares in the last quarter. Comerica Bank boosted its holdings in shares of Invesco S&P 500 Quality ETF by 54.7% during the 1st quarter. Comerica Bank now owns 63,731 shares of the company’s stock worth $3,851,000 after buying an additional 22,526 shares during the period. Pineridge Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth about $47,000. ARQ Wealth Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $215,000. Finally, Cetera Investment Advisers raised its stake in Invesco S&P 500 Quality ETF by 127.3% during the 1st quarter. Cetera Investment Advisers now owns 943,591 shares of the company’s stock valued at $57,012,000 after purchasing an additional 528,379 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.0 %

Shares of SPHQ stock opened at $67.17 on Thursday. The company has a market capitalization of $10.04 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $51.50 and a 12 month high of $68.75. The stock has a 50 day moving average of $67.16 and a two-hundred day moving average of $64.82.

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.