Oppenheimer & Co. Inc. Boosts Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Oppenheimer & Co. Inc. lifted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 68.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,316 shares of the company’s stock after buying an additional 6,211 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPHQ. Janney Montgomery Scott LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% in the third quarter. Janney Montgomery Scott LLC now owns 48,923 shares of the company’s stock worth $3,291,000 after buying an additional 1,895 shares in the last quarter. Hanlon Investment Management Inc. purchased a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $343,000. Ameritas Advisory Services LLC raised its stake in Invesco S&P 500 Quality ETF by 103.9% during the third quarter. Ameritas Advisory Services LLC now owns 67,378 shares of the company’s stock worth $4,533,000 after purchasing an additional 34,331 shares during the period. HF Advisory Group LLC raised its stake in Invesco S&P 500 Quality ETF by 2.7% during the third quarter. HF Advisory Group LLC now owns 21,057 shares of the company’s stock worth $1,416,000 after purchasing an additional 563 shares during the period. Finally, Flagship Private Wealth LLC raised its stake in Invesco S&P 500 Quality ETF by 7.5% during the third quarter. Flagship Private Wealth LLC now owns 91,552 shares of the company’s stock worth $6,159,000 after purchasing an additional 6,350 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $68.72 on Wednesday. The firm’s 50-day moving average is $69.01 and its two-hundred day moving average is $67.87. Invesco S&P 500 Quality ETF has a 12 month low of $57.17 and a 12 month high of $71.22. The company has a market capitalization of $11.63 billion, a PE ratio of 29.27 and a beta of 0.94.

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.