Cedar Mountain Advisors LLC Boosts Stake in Invesco S&P 500 Quality ETF $SPHQ

Cedar Mountain Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 170,539 shares of the company’s stock after acquiring an additional 3,121 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 2.5% of Cedar Mountain Advisors LLC’s portfolio, making the stock its 11th biggest holding. Cedar Mountain Advisors LLC owned about 0.08% of Invesco S&P 500 Quality ETF worth $12,153,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tsfg LLC increased its stake in Invesco S&P 500 Quality ETF by 10.7% in the 1st quarter. Tsfg LLC now owns 232,271 shares of the company’s stock worth $15,409,000 after buying an additional 22,441 shares during the period. Golden State Wealth Management LLC grew its stake 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 worth $35,000 after acquiring an additional 453 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth about $139,000. Farther Finance Advisors LLC increased its position in shares of Invesco S&P 500 Quality ETF by 349.8% during the second quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock worth $236,000 after acquiring an additional 2,571 shares during the period. Finally, NBC Securities Inc. raised its stake in shares of Invesco S&P 500 Quality ETF by 103,300.0% during the first quarter. NBC Securities Inc. now owns 4,136 shares of the company’s stock valued at $274,000 after acquiring an additional 4,132 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Down 0.0%

SPHQ opened at $73.95 on Monday. The stock’s fifty day moving average is $72.45 and its two-hundred day moving average is $69.72. The company has a market capitalization of $15.18 billion, a P/E ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $74.45.

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.