AE Wealth Management LLC Has $628,000 Stake in Invesco S&P 500 Quality ETF $SPHQ

AE Wealth Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 32.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 8,812 shares of the company’s stock after purchasing an additional 2,180 shares during the quarter. AE Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $628,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SPHQ. Ameriprise Financial Inc. grew its position in Invesco S&P 500 Quality ETF by 45.7% during the first quarter. Ameriprise Financial Inc. now owns 5,505,821 shares of the company’s stock worth $365,193,000 after buying an additional 1,727,685 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 15.2% during the 1st quarter. LPL Financial LLC now owns 10,044,254 shares of the company’s stock worth $666,336,000 after purchasing an additional 1,325,931 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 59.8% during the first quarter. Raymond James Financial Inc. now owns 2,400,210 shares of the company’s stock valued at $159,230,000 after purchasing an additional 897,944 shares during the period. Assetmark Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 131.1% during the first quarter. Assetmark Inc. now owns 1,230,328 shares of the company’s stock valued at $81,620,000 after purchasing an additional 697,964 shares during the period. Finally, Mainstay Capital Management LLC ADV raised its stake in shares of Invesco S&P 500 Quality ETF by 100.8% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,345,602 shares of the company’s stock valued at $95,888,000 after purchasing an additional 675,521 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $73.45 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $75.03. The stock has a fifty day moving average price of $73.48 and a 200 day moving average price of $71.72. The stock has a market cap of $14.97 billion, a P/E ratio of 25.36 and a beta of 0.92.

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.