Dynamic Advisor Solutions LLC Raises Stock Position in Invesco S&P 500 Quality ETF $SPHQ

Dynamic Advisor Solutions LLC raised its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 22.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,643 shares of the company’s stock after acquiring an additional 9,441 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Invesco S&P 500 Quality ETF were worth $4,563,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC grew its position in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Invesco S&P 500 Quality ETF by 51.2% in the 1st quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock worth $388,000 after purchasing an additional 1,983 shares in the last quarter. Empowered Funds LLC bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $875,000. Jane Street Group LLC boosted its stake in Invesco S&P 500 Quality ETF by 29.2% in the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock worth $659,000 after purchasing an additional 2,248 shares during the period. Finally, Invesco Ltd. grew its holdings in Invesco S&P 500 Quality ETF by 53.5% during the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock valued at $8,218,000 after buying an additional 40,210 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $85.82 on Friday. The firm has a market cap of $19.71 billion, a P/E ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 1 year low of $70.99 and a 1 year high of $90.36. The company has a 50 day simple moving average of $86.62 and a two-hundred day simple moving average of $81.84.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.