Janney Montgomery Scott LLC Increases Stock Holdings in Invesco S&P 500 Quality ETF $SPHQ

Janney Montgomery Scott LLC grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,634 shares of the company’s stock after buying an additional 2,553 shares during the quarter. Janney Montgomery Scott LLC owned 0.07% of Invesco S&P 500 Quality ETF worth $9,380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPHQ. Highline Wealth Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $33,000. Independence Bank of Kentucky acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $33,000. Golden State Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 453 shares in the last quarter. Arlington Trust Co LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $36,000. Finally, Resources Management Corp CT ADV acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $44,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $73.95 on Friday. The company has a market cap of $15.18 billion, a P/E ratio of 25.36 and a beta of 0.94. The stock has a fifty day moving average price of $72.45 and a 200 day moving average price of $69.70. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $74.45.

Invesco S&P 500 Quality ETF Company 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.