Redhawk Wealth Advisors Inc. Acquires 221 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Redhawk Wealth Advisors Inc. raised its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,970 shares of the company’s stock after acquiring an additional 221 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,081,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in SPHQ. Silver Lake Advisory LLC bought a new stake in Invesco S&P 500 Quality ETF during the second quarter valued at about $35,759,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter valued at about $220,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco S&P 500 Quality ETF by 2.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock valued at $786,000 after buying an additional 266 shares in the last quarter. Blair William & Co. IL grew its position in shares of Invesco S&P 500 Quality ETF by 10.7% in the 2nd quarter. Blair William & Co. IL now owns 117,944 shares of the company’s stock worth $7,494,000 after buying an additional 11,436 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 54.9% during the 2nd quarter. Carolinas Wealth Consulting LLC now owns 14,302 shares of the company’s stock worth $909,000 after acquiring an additional 5,067 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Up 1.3 %

NYSEARCA:SPHQ opened at $67.38 on Thursday. The stock has a market capitalization of $10.07 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52 week low of $53.81 and a 52 week high of $69.97. The firm has a 50 day moving average of $68.09 and a 200 day moving average of $66.46.

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.