Fifth Third Bancorp Has $284.87 Million Position in Invesco S&P 500 Quality ETF $SPHQ

Fifth Third Bancorp cut its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,886,866 shares of the company’s stock after selling 363,919 shares during the quarter. Invesco S&P 500 Quality ETF comprises 0.9% of Fifth Third Bancorp’s holdings, making the stock its 23rd biggest position. Fifth Third Bancorp owned approximately 1.91% of Invesco S&P 500 Quality ETF worth $284,868,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after buying an additional 151 shares during the period. AQR Capital Management LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 51.2% in the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after purchasing an additional 1,983 shares during the period. Empowered Funds LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at about $875,000. Jane Street Group LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 29.2% in the first quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after purchasing an additional 2,248 shares in the last quarter. Finally, Mutual Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the second quarter worth about $250,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of Invesco S&P 500 Quality ETF stock opened at $79.39 on Monday. The firm has a market cap of $16.22 billion, a PE ratio of 25.36 and a beta of 0.92. The business’s 50 day simple moving average is $76.94 and its 200 day simple moving average is $74.46. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $80.58.

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