Ausdal Financial Partners Inc. Has $3.04 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

Ausdal Financial Partners Inc. boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 187.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,424 shares of the company’s stock after purchasing an additional 27,003 shares during the period. Ausdal Financial Partners Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,036,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Invesco S&P 500 Quality ETF by 8.0% in the third quarter. Bank of America Corp DE now owns 4,710,108 shares of the company’s stock valued at $345,204,000 after buying an additional 349,166 shares during the period. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. raised its holdings in Invesco S&P 500 Quality ETF by 7.5% in the 3rd quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 20,180 shares of the company’s stock valued at $1,479,000 after buying an additional 1,400 shares during the last quarter. Ancora Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $35,000. Raymond James Financial Inc. boosted its position in Invesco S&P 500 Quality ETF by 15.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,473,245 shares of the company’s stock worth $327,844,000 after buying an additional 603,848 shares during the period. Finally, Tower Research Capital LLC TRC grew its holdings in Invesco S&P 500 Quality ETF by 535,414.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 37,486 shares of the company’s stock worth $2,747,000 after acquiring an additional 37,479 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $75.96 on Monday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $81.04. The firm has a 50 day moving average price of $78.35 and a two-hundred day moving average price of $75.46. The stock has a market cap of $15.52 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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.