Norris Perne & French LLP MI Purchases New Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Norris Perne & French LLP MI purchased a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,152 shares of the company’s stock, valued at approximately $311,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Glassman Wealth Services increased its stake in Invesco S&P 500 Quality ETF by 121.7% in the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock worth $28,000 after purchasing an additional 280 shares during the period. Sound Income Strategies LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after buying an additional 347 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 275.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after buying an additional 485 shares during the period. Glass Jacobson Investment Advisors llc purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at $50,000. Finally, Halpern Financial Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at $53,000.

Invesco S&P 500 Quality ETF Trading Down 0.4 %

Shares of Invesco S&P 500 Quality ETF stock traded down $0.27 during trading on Friday, hitting $63.54. 765,637 shares of the stock traded hands, compared to its average volume of 973,806. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $65.57. The stock’s fifty day simple moving average is $61.55 and its 200 day simple moving average is $58.63. The firm has a market cap of $9.50 billion, a P/E ratio of 22.60 and a beta of 0.98.

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.