Stratos Wealth Advisors LLC increased its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,246 shares of the company’s stock after purchasing an additional 665 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,158,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Berkshire Money Management Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $28,000. Independence Bank of Kentucky acquired a new stake in Invesco S&P 500 Quality ETF during the 2nd quarter worth $33,000. Golden State Wealth Management LLC raised its position in shares of Invesco S&P 500 Quality ETF by 612.2% during the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after acquiring an additional 453 shares during the last quarter. Arlington Trust Co LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $36,000. Finally, Resources Management Corp CT ADV acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at $44,000.
Invesco S&P 500 Quality ETF Stock Up 0.6%
NYSEARCA:SPHQ opened at $73.50 on Friday. The stock’s fifty day simple moving average is $72.79 and its 200-day simple moving average is $70.17. The firm has a market capitalization of $15.04 billion, a P/E ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month 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.
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