Topor & Co. Korea bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 51,770 shares of the company’s stock, valued at approximately $3,885,000. Invesco S&P 500 Quality ETF makes up 2.9% of Topor & Co. Korea’s investment portfolio, making the stock its 6th largest holding.
Several other hedge funds and other institutional investors also recently modified their holdings of SPHQ. MTM Investment Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $26,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter worth about $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $33,000. Ancora Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $35,000. Finally, Dunhill Financial LLC boosted its stake in Invesco S&P 500 Quality ETF by 10,060.0% during the 3rd quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares during the period.
Invesco S&P 500 Quality ETF Trading Up 1.2%
NYSEARCA SPHQ opened at $89.36 on Friday. Invesco S&P 500 Quality ETF has a 52 week low of $68.89 and a 52 week high of $89.94. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The company has a 50-day moving average price of $83.11 and a two-hundred day moving average price of $79.19.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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