Endowment Wealth Management Inc. grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 10.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 117,890 shares of the company’s stock after purchasing an additional 10,905 shares during the quarter. Invesco S&P 500 Quality ETF makes up 3.4% of Endowment Wealth Management Inc.’s portfolio, making the stock its 6th biggest position. Endowment Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $9,912,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of SPHQ. Balentine LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at $182,000. Leelyn Smith LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at $210,000. Verus Capital Partners LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at $383,000. Waldron Private Wealth LLC purchased a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at $973,000. Finally, Calamos Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the 3rd quarter worth $370,000.
Invesco S&P 500 Quality ETF Trading Up 0.1%
SPHQ opened at $81.15 on Friday. The firm has a market cap of $18.15 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36. The stock has a fifty day moving average price of $84.35 and a 200-day moving average price of $82.82.
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.
See Also
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.
