Bank of New York Mellon Corp Lowers Stake in Invesco S&P 500 Quality ETF $SPHQ

Bank of New York Mellon Corp lessened its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 30.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,956,052 shares of the company’s stock after selling 845,431 shares during the period. Bank of New York Mellon Corp owned about 0.92% of Invesco S&P 500 Quality ETF worth $147,076,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of SPHQ. Milestone Investment Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 0.4% in the first quarter. Milestone Investment Advisors LLC now owns 528,118 shares of the company’s stock valued at $39,709,000 after purchasing an additional 2,201 shares during the period. Geneos Wealth Management Inc. increased its holdings in Invesco S&P 500 Quality ETF by 712.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 125,167 shares of the company’s stock worth $9,411,000 after acquiring an additional 109,758 shares in the last quarter. Sigma Planning Corp increased its holdings in Invesco S&P 500 Quality ETF by 13.4% in the 1st quarter. Sigma Planning Corp now owns 78,913 shares of the company’s stock worth $5,933,000 after acquiring an additional 9,323 shares in the last quarter. Calamos Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter worth $203,000. Finally, Calamos Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the first quarter worth $203,000.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $84.78 on Monday. The firm’s fifty day simple moving average is $86.19 and its two-hundred day simple moving average is $80.99. Invesco S&P 500 Quality ETF has a 52-week low of $70.40 and a 52-week high of $90.36. The company has a market cap of $19.35 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90.

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.