World Investment Advisors LLC Acquires 329 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

World Investment Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,511 shares of the company’s stock after acquiring an additional 329 shares during the period. World Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $842,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 1,479.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after purchasing an additional 11,854,003 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Invesco S&P 500 Quality ETF by 5.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,834,480 shares of the company’s stock worth $527,025,000 after buying an additional 376,770 shares in the last quarter. LPL Financial LLC lifted its holdings in Invesco S&P 500 Quality ETF by 1.9% in the third quarter. LPL Financial LLC now owns 7,743,714 shares of the company’s stock worth $520,920,000 after buying an additional 141,687 shares during the period. Cliftonlarsonallen Wealth Advisors LLC boosted its position in Invesco S&P 500 Quality ETF by 3.7% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 7,280,618 shares of the company’s stock valued at $489,767,000 after acquiring an additional 260,719 shares in the last quarter. Finally, FMR LLC boosted its position in Invesco S&P 500 Quality ETF by 4.5% during the 3rd quarter. FMR LLC now owns 4,263,355 shares of the company’s stock valued at $286,796,000 after acquiring an additional 184,895 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $69.77 on Tuesday. The firm has a market capitalization of $10.43 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock has a 50 day moving average price of $67.91 and a 200-day moving average price of $65.87. Invesco S&P 500 Quality ETF has a 52-week low of $53.04 and a 52-week high of $69.97.

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.