BNB Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 19,666 shares of the company’s stock, valued at approximately $1,476,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Pinnacle Wealth Management Advisory Group LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.5% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after buying an additional 136 shares during the period. Verum Partners LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after buying an additional 141 shares during the period. Latitude Advisors LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock valued at $379,000 after buying an additional 148 shares during the period. Brighton Jones LLC boosted its stake in shares of 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 buying an additional 151 shares during the period. Finally, AEGON USA Investment Management LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 3.4% in the 4th quarter. AEGON USA Investment Management LLC now owns 4,920 shares of the company’s stock valued at $369,000 after buying an additional 160 shares during the period.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ opened at $88.27 on Thursday. The stock has a 50-day simple moving average of $82.84 and a 200-day simple moving average of $79.09. The stock has a market capitalization of $18.79 billion, a PE ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 1 year low of $68.89 and a 1 year high of $89.93.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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