Harbour Investments Inc. Boosts Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Harbour Investments Inc. raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 15.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 78,012 shares of the company’s stock after acquiring an additional 10,501 shares during the period. Harbour Investments Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $4,957,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SPHQ. Fifth Third Bancorp boosted its holdings in Invesco S&P 500 Quality ETF by 18,094.4% during the first quarter. Fifth Third Bancorp now owns 4,620,115 shares of the company’s stock worth $279,147,000 after buying an additional 4,594,722 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 89.3% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 6,615,038 shares of the company’s stock worth $399,681,000 after acquiring an additional 3,121,091 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 20.4% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,978,220 shares of the company’s stock worth $421,624,000 after acquiring an additional 1,183,904 shares in the last quarter. UBS Group AG grew its position in shares of Invesco S&P 500 Quality ETF by 107.3% during the 4th quarter. UBS Group AG now owns 1,274,193 shares of the company’s stock valued at $68,908,000 after acquiring an additional 659,657 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Invesco S&P 500 Quality ETF by 38.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,147,557 shares of the company’s stock valued at $116,140,000 after purchasing an additional 601,790 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ traded up $0.24 during trading hours on Tuesday, reaching $66.09. The company’s stock had a trading volume of 552,874 shares, compared to its average volume of 977,021. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $66.30. The company’s 50-day moving average is $64.23 and its two-hundred day moving average is $61.46. The firm has a market capitalization of $9.88 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.