Bank of America Corp DE Acquires 808,926 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

view original post

Bank of America Corp DE grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQGet Rating) by 19.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,990,518 shares of the company’s stock after purchasing an additional 808,926 shares during the quarter. Bank of America Corp DE owned about 0.06% of Invesco S&P 500 Quality ETF worth $249,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SPHQ. Merit Financial Group LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $126,494,000. Fifth Third Bancorp bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth $98,574,000. Mainstay Capital Management LLC ADV raised its holdings in Invesco S&P 500 Quality ETF by 1,003.7% in the 1st quarter. Mainstay Capital Management LLC ADV now owns 1,980,665 shares of the company’s stock worth $98,855,000 after acquiring an additional 1,801,204 shares during the period. Brinker Capital Investments LLC bought a new position in Invesco S&P 500 Quality ETF in the 1st quarter worth $40,112,000. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Invesco S&P 500 Quality ETF by 36.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 2,140,789 shares of the company’s stock worth $107,516,000 after acquiring an additional 575,630 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.0 %

Shares of SPHQ opened at $42.44 on Wednesday. Invesco S&P 500 Quality ETF has a one year low of $40.74 and a one year high of $53.90. The company’s fifty day moving average price is $44.57 and its 200 day moving average price is $45.73.

Further Reading

Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQGet Rating).

Receive News & Ratings for Invesco S&P 500 Quality ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com’s FREE daily email newsletter.