Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Acquired by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 20.6% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 302,153 shares of the company’s stock after acquiring an additional 51,621 shares during the period. Invesco S&P 500 Quality ETF makes up approximately 1.6% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 15th largest holding. Creative Financial Designs Inc. ADV owned about 0.16% of Invesco S&P 500 Quality ETF worth $20,045,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $26,000. Fourth Dimension Wealth LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $26,000. Highline Wealth Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth $33,000. Millstone Evans Group LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $33,000. Finally, 10Elms LLP acquired a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth $35,000.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $69.96 on Thursday. The firm has a 50-day moving average of $68.51 and a two-hundred day moving average of $67.94. The stock has a market cap of $17.45 billion, a P/E ratio of 26.48 and a beta of 0.95. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $71.61.

Invesco S&P 500 Quality ETF Company 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.