Patriot Financial Group Insurance Agency LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 7.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 20,013 shares of the company’s stock after acquiring an additional 1,378 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,426,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Independence Bank of Kentucky bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $33,000. Highline Wealth Partners LLC bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $33,000. Golden State Wealth Management LLC increased its position in Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after buying an additional 453 shares in the last quarter. Arlington Trust Co LLC bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $36,000. Finally, Resources Management Corp CT ADV bought a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at about $44,000.
Invesco S&P 500 Quality ETF Price Performance
Shares of Invesco S&P 500 Quality ETF stock opened at $73.95 on Friday. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $74.45. The firm has a market capitalization of $15.18 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The business has a 50-day simple moving average of $72.45 and a 200 day simple moving average of $69.68.
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.
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