115,604 Shares in Invesco S&P 500 Quality ETF $SPHQ Acquired by Concord Asset Management LLC VA

Concord Asset Management LLC VA acquired a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 115,604 shares of the company’s stock, valued at approximately $8,238,000. Invesco S&P 500 Quality ETF makes up approximately 1.2% of Concord Asset Management LLC VA’s holdings, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.8% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after purchasing an additional 152 shares in the last quarter. Trek Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 3.1% during the 1st quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after purchasing an additional 169 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Invesco S&P 500 Quality ETF by 2.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock valued at $561,000 after purchasing an additional 204 shares in the last quarter. Finally, Hartford Financial Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.3% during the 1st quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock valued at $4,868,000 after purchasing an additional 216 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $72.21 on Monday. The firm has a market cap of $14.79 billion, a P/E ratio of 25.36 and a beta of 0.94. The stock has a fifty day moving average price of $72.61 and a two-hundred day moving average price of $69.95. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $74.45.

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.