Summit Trail Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,000 shares of the company’s stock, valued at approximately $201,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. raised its holdings in Invesco S&P 500 Quality ETF by 0.5% during the 4th quarter. Focus Financial Network Inc. now owns 212,946 shares of the company’s stock worth $14,274,000 after buying an additional 1,079 shares during the period. Wingate Wealth Advisors Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $807,000. Burns Matteson Capital Management LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 6.7% in the fourth quarter. Burns Matteson Capital Management LLC now owns 198,520 shares of the company’s stock valued at $13,307,000 after purchasing an additional 12,529 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 125.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 67,753 shares of the company’s stock worth $4,541,000 after buying an additional 37,683 shares during the period. Finally, Moloney Securities Asset Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at $468,000.
Invesco S&P 500 Quality ETF Trading Down 0.2 %
Shares of Invesco S&P 500 Quality ETF stock opened at $70.41 on Thursday. The company has a market cap of $10.52 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1 year low of $56.56 and a 1 year high of $70.69. The stock has a 50-day moving average price of $68.56 and a 200 day moving average price of $67.20.
Invesco S&P 500 Quality ETF 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.
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