JPMorgan Chase & Co. Boosts Holdings in Invesco S&P 500 Quality ETF $SPHQ

JPMorgan Chase & Co. lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 50.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 419,094 shares of the company’s stock after buying an additional 140,246 shares during the period. JPMorgan Chase & Co. owned approximately 0.21% of Invesco S&P 500 Quality ETF worth $30,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. Ancora Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at $35,000. Burkett Financial Services LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth $37,000. Dunhill Financial LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $47,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Invesco S&P 500 Quality ETF by 197.3% during the 3rd quarter. Smartleaf Asset Management LLC now owns 779 shares of the company’s stock worth $57,000 after purchasing an additional 517 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ opened at $75.24 on Monday. The stock has a market capitalization of $15.37 billion, a P/E ratio of 25.36 and a beta of 0.92. The firm’s 50-day moving average is $78.30 and its two-hundred day moving average is $75.60. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $81.04.

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.