Redwood Family Wealth LLC bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,413 shares of the company’s stock, valued at approximately $556,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. MTM Investment Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at about $26,000. IFC & Insurance Marketing Inc. acquired a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at about $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in shares of Invesco S&P 500 Quality ETF in the fourth quarter worth about $33,000. Ancora Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $35,000. Finally, Dunhill Financial LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 10,060.0% during the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares in the last quarter.
Invesco S&P 500 Quality ETF Price Performance
SPHQ opened at $89.36 on Friday. The stock has a market capitalization of $19.02 billion, a P/E ratio of 25.36 and a beta of 0.91. The company’s 50 day simple moving average is $83.32 and its 200-day simple moving average is $79.26. Invesco S&P 500 Quality ETF has a one year low of $68.89 and a one year high of $89.94.
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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