Davidson Capital Management Inc. Acquires 4,968 Shares of Invesco S&P 500 Quality ETF $SPHQ

Davidson Capital Management Inc. grew its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 610,919 shares of the company’s stock after buying an additional 4,968 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 10.5% of Davidson Capital Management Inc.’s portfolio, making the stock its 3rd largest position. Davidson Capital Management Inc. owned about 0.30% of Invesco S&P 500 Quality ETF worth $43,534,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Brighton Jones LLC increased its holdings in Invesco S&P 500 Quality ETF by 4.0% in 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. Bogart Wealth LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 19.2% in the second quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares during the period. Nwam LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 1.8% in the second quarter. Nwam LLC now owns 11,655 shares of the company’s stock worth $839,000 after buying an additional 210 shares during the period. Trivium Point Advisory LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 1.9% in the first quarter. Trivium Point Advisory LLC now owns 11,390 shares of the company’s stock valued at $756,000 after buying an additional 217 shares in the last quarter. Finally, RVW Wealth LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 0.7% during the 2nd quarter. RVW Wealth LLC now owns 32,848 shares of the company’s stock valued at $2,341,000 after buying an additional 222 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 0.5%

NYSEARCA SPHQ opened at $73.83 on Tuesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $75.03. The business has a 50 day moving average price of $73.33 and a two-hundred day moving average price of $71.57. The stock has a market cap of $15.05 billion, a PE ratio of 25.36 and a beta of 0.92.

About Invesco S&P 500 Quality ETF

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.