Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Stock Position Boosted by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. grew its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,733 shares of the company’s stock after buying an additional 1,230 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Invesco S&P 500 Quality ETF were worth $1,122,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its position in Invesco S&P 500 Quality ETF by 75.3% in the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after purchasing an additional 508 shares during the period. Brookstone Capital Management lifted its holdings in shares of Invesco S&P 500 Quality ETF by 25.4% in the fourth quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock valued at $711,000 after buying an additional 2,150 shares during the period. US Bancorp DE boosted its stake in Invesco S&P 500 Quality ETF by 75.9% during the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock valued at $798,000 after buying an additional 5,140 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P 500 Quality ETF by 7.1% during the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after buying an additional 14,481 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Invesco S&P 500 Quality ETF in the third quarter worth about $1,273,000.

Invesco S&P 500 Quality ETF Trading Down 0.6 %

Shares of NYSEARCA SPHQ opened at $66.95 on Thursday. Invesco S&P 500 Quality ETF has a twelve month low of $57.17 and a twelve month high of $71.22. The firm has a 50-day moving average of $68.95 and a two-hundred day moving average of $68.03. The company has a market capitalization of $11.58 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93.

Invesco S&P 500 Quality ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a dividend of $0.2014 per share. This is a boost from Invesco S&P 500 Quality ETF’s previous dividend of $0.18. The ex-dividend date of this dividend is Monday, March 24th.

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.