Financial Management Professionals Inc. acquired a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm acquired 39,849 shares of the company’s stock, valued at approximately $2,681,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPHQ. Woodmont Investment Counsel LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the first quarter worth $25,000. SYM FINANCIAL Corp purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. Blue Trust Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $43,000. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at approximately $45,000. Finally, Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF in the first quarter worth approximately $47,000.
Invesco S&P 500 Quality ETF Stock Performance
Shares of SPHQ opened at $66.66 on Friday. The firm has a market cap of $9.96 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $68.38. The firm’s 50 day moving average price is $66.60 and its 200 day moving average price is $63.74.
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.
Recommended Stories
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Technology Stocks Explained: Here’s What to Know About Tech
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- How to Invest in Insurance Companies: A GuideĀ
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.