Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) is Capital Planning Advisors LLC’s 2nd Largest Position

Capital Planning Advisors LLC raised its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 526,580 shares of the company’s stock after purchasing an additional 33,869 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 5.5% of Capital Planning Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Capital Planning Advisors LLC owned 0.35% of Invesco S&P 500 Quality ETF worth $35,297,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Silver Lake Advisory LLC purchased a new stake in Invesco S&P 500 Quality ETF during the second quarter worth $35,759,000. Mercer Global Advisors Inc. ADV boosted its position in Invesco S&P 500 Quality ETF by 2.2% during the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock worth $786,000 after purchasing an additional 266 shares in the last quarter. Thrivent Financial for Lutherans increased its position in shares of Invesco S&P 500 Quality ETF by 6.1% in the second quarter. Thrivent Financial for Lutherans now owns 278,489 shares of the company’s stock valued at $17,695,000 after buying an additional 15,931 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Invesco S&P 500 Quality ETF by 47.5% during the 2nd quarter. Bank of Montreal Can now owns 14,081 shares of the company’s stock worth $900,000 after buying an additional 4,537 shares during the period. Finally, MidWestOne Financial Group Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at approximately $321,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of NYSEARCA:SPHQ opened at $69.22 on Thursday. The business’s 50 day moving average price is $68.09 and its 200-day moving average price is $66.60. Invesco S&P 500 Quality ETF has a 1 year low of $55.51 and a 1 year high of $69.97. The firm has a market capitalization of $10.34 billion, a PE ratio of 22.60 and a beta of 0.98.

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.