Brown Brothers Harriman & Co. Boosts Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Brown Brothers Harriman & Co. raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1,244.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 67,200 shares of the company’s stock after buying an additional 62,200 shares during the period. Brown Brothers Harriman & Co.’s holdings in Invesco S&P 500 Quality ETF were worth $4,521,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. SYM FINANCIAL Corp acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $38,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $43,000. ORG Partners LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $45,000. Finally, Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at about $47,000.

Invesco S&P 500 Quality ETF Trading Up 0.6 %

NYSEARCA SPHQ opened at $68.76 on Tuesday. The stock has a market capitalization of $10.28 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The stock has a 50-day moving average of $67.22 and a 200 day moving average of $64.98. Invesco S&P 500 Quality ETF has a twelve month low of $51.50 and a twelve month high of $68.95.

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.