Madison Investment Advisors LLC Buys New Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Madison Investment Advisors LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,322,117 shares of the company’s stock, valued at approximately $88,622,000. Madison Investment Advisors LLC owned approximately 0.88% of Invesco S&P 500 Quality ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Brookstone Capital Management lifted its position in shares of Invesco S&P 500 Quality ETF by 25.4% during the 4th quarter. Brookstone Capital Management now owns 10,602 shares of the company’s stock worth $711,000 after buying an additional 2,150 shares during the last quarter. Blue Trust Inc. lifted its position in 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 during the last quarter. JPMorgan Chase & Co. lifted its position in Invesco S&P 500 Quality ETF by 7.1% in the third quarter. JPMorgan Chase & Co. now owns 219,518 shares of the company’s stock valued at $14,767,000 after acquiring an additional 14,481 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth about $1,273,000. Finally, US Bancorp DE increased its position in shares of Invesco S&P 500 Quality ETF by 75.9% during the fourth quarter. US Bancorp DE now owns 11,911 shares of the company’s stock worth $798,000 after purchasing an additional 5,140 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.1 %

Shares of NYSEARCA SPHQ opened at $66.40 on Thursday. The business has a 50-day moving average price of $69.02 and a 200 day moving average price of $67.97. The stock has a market cap of $11.49 billion, a PE ratio of 27.16 and a beta of 0.93. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22.

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.