Johnson Investment Counsel Inc. Takes $274,000 Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Johnson Investment Counsel Inc. bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,087 shares of the company’s stock, valued at approximately $274,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Sound View Wealth Advisors Group LLC raised its position in shares of Invesco S&P 500 Quality ETF by 3.8% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 213,558 shares of the company’s stock valued at $14,315,000 after buying an additional 7,809 shares in the last quarter. Lifeworks Advisors LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 11.5% in the 4th quarter. Lifeworks Advisors LLC now owns 4,763 shares of the company’s stock valued at $319,000 after purchasing an additional 491 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Invesco S&P 500 Quality ETF by 5.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,063,488 shares of the company’s stock worth $71,286,000 after purchasing an additional 56,531 shares during the period. Elevation Capital Advisory LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $255,000. Finally, Raymond James Financial Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $100,697,000.

Invesco S&P 500 Quality ETF Stock Down 1.7 %

NYSEARCA SPHQ opened at $65.27 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The firm has a market capitalization of $11.29 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93. The company has a fifty day moving average of $69.01 and a two-hundred day moving average of $67.96.

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.