Raymond James Financial Inc. Acquires Shares of 1,502,266 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Raymond James Financial Inc. acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,502,266 shares of the company’s stock, valued at approximately $100,697,000. Raymond James Financial Inc. owned about 1.01% of Invesco S&P 500 Quality ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPHQ. Truvestments Capital LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $34,000. Luken Investment Analytics LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $40,000. DHJJ Financial Advisors Ltd. grew its stake in shares of Invesco S&P 500 Quality ETF by 42.1% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after acquiring an additional 307 shares in the last quarter. Noble Wealth Management PBC acquired a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $70,000. Finally, Blue Trust Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 75.3% in the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock valued at $80,000 after acquiring an additional 508 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock opened at $68.38 on Friday. The company’s 50-day simple moving average is $69.04 and its 200 day simple moving average is $67.95. Invesco S&P 500 Quality ETF has a 52 week low of $57.17 and a 52 week high of $71.22. The company has a market capitalization of $11.57 billion, a PE ratio of 29.27 and a beta of 0.94.

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.