Kestra Private Wealth Services LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 83,724 shares of the company’s stock, valued at approximately $7,040,000.
Other hedge funds also recently added to or reduced their stakes in the company. Chicago Partners Investment Group LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $2,049,000. Basso Capital Management L.P. purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $207,000. Provenance Wealth Advisors LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 20.9% during the third quarter. Provenance Wealth Advisors LLC now owns 76,882 shares of the company’s stock valued at $6,464,000 after buying an additional 13,314 shares during the period. Integrity Alliance LLC. purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $5,406,000. Finally, Integrity Advisory Solutions LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 18.9% during the third quarter. Integrity Advisory Solutions LLC now owns 4,451 shares of the company’s stock valued at $374,000 after buying an additional 706 shares during the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
SPHQ opened at $84.64 on Thursday. The stock’s 50 day moving average price is $84.56 and its 200-day moving average price is $82.78. Invesco S&P 500 Quality ETF has a one year low of $71.57 and a one year high of $90.36. The stock has a market cap of $18.93 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91.
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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