Invesco S&P 500 Quality ETF $SPHQ Holdings Lifted by Compass Ion Advisors LLC

Compass Ion Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1,614.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 718,232 shares of the company’s stock after acquiring an additional 676,332 shares during the quarter. Invesco S&P 500 Quality ETF makes up 5.1% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 4th largest position. Compass Ion Advisors LLC owned approximately 0.35% of Invesco S&P 500 Quality ETF worth $52,639,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Berkshire Money Management Inc. bought a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $28,000. Independence Bank of Kentucky purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $33,000. Bogart Wealth LLC boosted its holdings in Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $72,000. Finally, Adirondack Trust Co. bought a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter valued at $77,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $77.49 on Friday. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $78.09. The stock’s fifty day moving average price is $75.16 and its two-hundred day moving average price is $73.55. The company has a market cap of $15.69 billion, a P/E ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.