Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.7% during the 3rd quarter, Holdings Channel reports. The fund owned 1,006,957 shares of the company’s stock after acquiring an additional 36,180 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $67,738,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF by 3.1% during the first quarter. EP Wealth Advisors LLC now owns 12,379 shares of the company’s stock worth $748,000 after purchasing an additional 376 shares in the last quarter. Comerica Bank raised its holdings in Invesco S&P 500 Quality ETF by 54.7% during the first quarter. Comerica Bank now owns 63,731 shares of the company’s stock worth $3,851,000 after purchasing an additional 22,526 shares in the last quarter. Pineridge Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $47,000. ARQ Wealth Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter worth approximately $215,000. Finally, Cetera Investment Advisers raised its holdings in Invesco S&P 500 Quality ETF by 127.3% during the first quarter. Cetera Investment Advisers now owns 943,591 shares of the company’s stock worth $57,012,000 after purchasing an additional 528,379 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.2 %

SPHQ stock opened at $67.20 on Wednesday. Invesco S&P 500 Quality ETF has a twelve month low of $51.50 and a twelve month high of $68.75. The company’s 50 day moving average is $67.13 and its two-hundred day moving average is $64.80. The stock has a market cap of $10.04 billion, a P/E ratio of 22.60 and a beta of 0.98.

Invesco S&P 500 Quality ETF 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.