Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Free Report) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $84.74 and traded as high as $84.96. Invesco S&P 500 Quality ETF shares last traded at $84.83, with a volume of 988,925 shares traded.
Invesco S&P 500 Quality ETF Trading Down 2.2%
The stock has a market capitalization of $18.52 billion, a P/E ratio of 25.36 and a beta of 0.91. The firm’s fifty day moving average is $84.69 and its 200-day moving average is $82.68.
Institutional Trading of Invesco S&P 500 Quality ETF
Several hedge funds have recently modified their holdings of the company. Kestra Private Wealth Services LLC bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $7,040,000. Chicago Partners Investment Group LLC acquired a new position in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $2,049,000. Basso Capital Management L.P. bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $207,000. Provenance Wealth Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 20.9% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 76,882 shares of the company’s stock worth $6,464,000 after acquiring an additional 13,314 shares in the last quarter. Finally, Integrity Alliance LLC. acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $5,406,000.
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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