Mather Group LLC. acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 29,864 shares of the company’s stock, valued at approximately $2,511,000.
Other hedge funds have also made changes to their positions in the company. Trinity Wealth Management LLC raised its holdings in Invesco S&P 500 Quality ETF by 154.0% in the 2nd quarter. Trinity Wealth Management LLC now owns 35,770 shares of the company’s stock valued at $3,223,000 after acquiring an additional 21,689 shares in the last quarter. TSG Advice Partners LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 439.9% during the 1st quarter. TSG Advice Partners LLC now owns 89,803 shares of the company’s stock worth $6,752,000 after purchasing an additional 73,169 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 10.6% during the 2nd quarter. NewEdge Advisors LLC now owns 162,662 shares of the company’s stock worth $14,656,000 after purchasing an additional 15,539 shares in the last quarter. Compass Financial Group Inc. Ohio acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $2,933,000. Finally, Advisory Solutions Group LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $1,990,000.
Invesco S&P 500 Quality ETF Price Performance
Shares of SPHQ traded down $0.92 on Friday, reaching $83.96. 1,473,427 shares of the stock traded hands, compared to its average volume of 1,606,011. The stock’s 50-day moving average price is $85.20 and its 200-day moving average price is $84.35. The firm has a market cap of $18.73 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.
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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