Cozad Asset Management Inc. Raises Stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Cozad Asset Management Inc. raised its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 8.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 226,925 shares of the company’s stock after purchasing an additional 18,009 shares during the period. Invesco S&P 500 Quality ETF accounts for 1.5% of Cozad Asset Management Inc.’s investment portfolio, making the stock its 13th largest holding. Cozad Asset Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $15,265,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPHQ. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 1,479.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,655,241 shares of the company’s stock worth $804,114,000 after buying an additional 11,854,003 shares in the last quarter. LPL Financial LLC raised its stake in Invesco S&P 500 Quality ETF by 12.2% during the second quarter. LPL Financial LLC now owns 7,602,027 shares of the company’s stock valued at $483,033,000 after purchasing an additional 825,232 shares in the last quarter. Vigilare Wealth Management raised its stake in Invesco S&P 500 Quality ETF by 2,233.5% during the second quarter. Vigilare Wealth Management now owns 606,428 shares of the company’s stock valued at $38,532,000 after purchasing an additional 580,440 shares in the last quarter. Silver Lake Advisory LLC purchased a new stake in Invesco S&P 500 Quality ETF during the second quarter valued at $35,759,000. Finally, Cetera Investment Advisers raised its stake in Invesco S&P 500 Quality ETF by 127.3% during the first quarter. Cetera Investment Advisers now owns 943,591 shares of the company’s stock valued at $57,012,000 after purchasing an additional 528,379 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 1.9 %

Invesco S&P 500 Quality ETF stock opened at $67.88 on Thursday. The company has a market cap of $10.14 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s fifty day moving average is $66.71 and its 200 day moving average is $64.17. Invesco S&P 500 Quality ETF has a 52-week low of $50.06 and a 52-week high of $68.38.

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.