Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Purchased by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1,244.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,200 shares of the company’s stock after purchasing an additional 62,200 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Invesco S&P 500 Quality ETF were worth $4,521,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. SYM FINANCIAL Corp acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $38,000. Blue Trust Inc. purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $43,000. ORG Partners LLC acquired a new position in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $45,000. Finally, Pineridge Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the first quarter valued at approximately $47,000.

Invesco S&P 500 Quality ETF Trading Up 0.6 %

SPHQ stock opened at $68.76 on Tuesday. The company’s 50 day moving average is $67.22 and its two-hundred day moving average is $64.98. Invesco S&P 500 Quality ETF has a twelve month low of $51.50 and a twelve month high of $68.95. The stock has a market cap of $10.28 billion, a P/E ratio of 22.60 and a beta of 0.98.

About Invesco S&P 500 Quality ETF

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.