Bell Bank Boosts Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Bell Bank increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 9.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,688 shares of the company’s stock after buying an additional 2,221 shares during the period. Bell Bank’s holdings in Invesco S&P 500 Quality ETF were worth $1,661,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Oppenheimer Asset Management Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $239,000. Empower Advisory Group LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $229,000. Savvy Advisors Inc. raised its holdings in Invesco S&P 500 Quality ETF by 17.9% in the third quarter. Savvy Advisors Inc. now owns 3,733 shares of the company’s stock valued at $251,000 after acquiring an additional 568 shares in the last quarter. Harbour Investments Inc. lifted its stake in Invesco S&P 500 Quality ETF by 17.5% in the third quarter. Harbour Investments Inc. now owns 91,699 shares of the company’s stock worth $6,169,000 after acquiring an additional 13,687 shares during the last quarter. Finally, Lynx Investment Advisory grew its holdings in Invesco S&P 500 Quality ETF by 29.9% during the 3rd quarter. Lynx Investment Advisory now owns 137,533 shares of the company’s stock worth $9,252,000 after acquiring an additional 31,655 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA SPHQ opened at $68.35 on Thursday. The business has a 50-day moving average of $66.95 and a two-hundred day moving average of $64.51. The company has a market capitalization of $10.21 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $51.35 and a 1 year high of $68.75.

Invesco S&P 500 Quality ETF Company 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.