Perennial Investment Advisors LLC Grows Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Perennial Investment Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 2.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,272 shares of the company’s stock after purchasing an additional 303 shares during the period. Perennial Investment Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $843,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fiduciary Alliance LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock valued at $1,420,000 after acquiring an additional 707 shares in the last quarter. Wealthspire Advisors LLC bought a new position in Invesco S&P 500 Quality ETF in the first quarter worth approximately $211,000. Cresset Asset Management LLC raised its stake in Invesco S&P 500 Quality ETF by 22.7% in the fourth quarter. Cresset Asset Management LLC now owns 153,424 shares of the company’s stock worth $8,297,000 after buying an additional 28,384 shares in the last quarter. Prevail Innovative Wealth Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 3.3% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 33,355 shares of the company’s stock worth $1,804,000 after buying an additional 1,075 shares in the last quarter. Finally, Rollins Financial raised its stake in Invesco S&P 500 Quality ETF by 31.5% in the fourth quarter. Rollins Financial now owns 99,372 shares of the company’s stock worth $5,374,000 after buying an additional 23,830 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.1 %

Shares of NYSEARCA:SPHQ opened at $66.78 on Tuesday. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $66.86. The firm has a 50 day moving average of $64.64 and a 200 day moving average of $62.20.

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.