Sanctuary Advisors LLC Grows Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Sanctuary Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 303.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 54,076 shares of the company’s stock after buying an additional 40,676 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $3,696,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SPHQ. Envestnet Asset Management Inc. raised its holdings in Invesco S&P 500 Quality ETF by 1,479.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after buying an additional 11,854,003 shares during the last quarter. LPL Financial LLC increased its position in shares of Invesco S&P 500 Quality ETF by 12.2% during the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after acquiring an additional 825,232 shares in the last quarter. Assetmark Inc. raised its holdings in Invesco S&P 500 Quality ETF by 43,723.2% in the 3rd quarter. Assetmark Inc. now owns 624,481 shares of the company’s stock worth $42,009,000 after acquiring an additional 623,056 shares during the last quarter. Silver Lake Advisory LLC bought a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $35,759,000. Finally, Mainstay Capital Management LLC ADV boosted its stake in Invesco S&P 500 Quality ETF by 51.2% during the 3rd quarter. Mainstay Capital Management LLC ADV now owns 1,453,755 shares of the company’s stock valued at $97,794,000 after purchasing an additional 492,561 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

SPHQ stock opened at $69.77 on Tuesday. The stock has a market capitalization of $10.43 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $53.04 and a 1-year high of $69.97. The business has a fifty day moving average price of $67.91 and a 200-day moving average price of $65.87.

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.