Alpha Cubed Investments LLC Acquires 588 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Alpha Cubed Investments LLC raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 40,366 shares of the company’s stock after buying an additional 588 shares during the quarter. Alpha Cubed Investments LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,706,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the third quarter worth approximately $38,000. Blue Trust Inc. bought a new position in shares of Invesco S&P 500 Quality ETF in the third quarter worth $43,000. VitalStone Financial LLC raised its holdings in shares of Invesco S&P 500 Quality ETF by 178.8% during the 3rd quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after buying an additional 522 shares in the last quarter. Finally, Arrow Financial Corp acquired a new position in Invesco S&P 500 Quality ETF during the third quarter worth about $106,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $68.11 on Tuesday. The company has a market capitalization of $10.18 billion, a PE ratio of 22.60 and a beta of 0.98. The company has a fifty day moving average of $68.06 and a 200-day moving average of $66.56. Invesco S&P 500 Quality ETF has a 52-week low of $54.14 and a 52-week high of $69.97.

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.