Citigroup Inc. Acquires 50,525 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Citigroup Inc. grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 990.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 55,628 shares of the company’s stock after purchasing an additional 50,525 shares during the quarter. Citigroup Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,742,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Investors Research Corp raised its holdings in shares of Invesco S&P 500 Quality ETF by 4.8% in the 3rd quarter. Investors Research Corp now owns 13,979 shares of the company’s stock valued at $940,000 after purchasing an additional 635 shares in the last quarter. LPL Financial LLC grew its position in shares of Invesco S&P 500 Quality ETF by 1.9% in the 3rd quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after buying an additional 141,687 shares during the last quarter. Steele Capital Management Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 18.7% in the 3rd quarter. Steele Capital Management Inc. now owns 24,219 shares of the company’s stock worth $1,629,000 after buying an additional 3,811 shares during the last quarter. Stonebridge Financial Planning Group LLC grew its position in shares of Invesco S&P 500 Quality ETF by 2.9% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 118,883 shares of the company’s stock worth $7,997,000 after buying an additional 3,352 shares during the last quarter. Finally, Commerce Bank purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $228,000.

Invesco S&P 500 Quality ETF Stock Up 0.1 %

Shares of Invesco S&P 500 Quality ETF stock opened at $69.26 on Thursday. The firm’s 50 day moving average price is $67.50 and its 200-day moving average price is $65.39. Invesco S&P 500 Quality ETF has a 52-week low of $51.50 and a 52-week high of $69.44. The company has a market cap of $10.35 billion, a P/E 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.