Principal Securities Inc. boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 170,903 shares of the company’s stock after purchasing an additional 2,527 shares during the quarter. Principal Securities Inc. owned about 0.11% of Invesco S&P 500 Quality ETF worth $11,456,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $38,000. Luken Investment Analytics LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at $40,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Quality ETF in the third quarter valued at $43,000. Finally, DHJJ Financial Advisors Ltd. increased its stake in Invesco S&P 500 Quality ETF by 42.1% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock valued at $69,000 after purchasing an additional 307 shares during the last quarter.
Invesco S&P 500 Quality ETF Trading Down 0.4 %
Shares of NYSEARCA:SPHQ opened at $70.82 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $56.56 and a 12-month high of $71.12. The stock’s 50-day moving average price is $68.64 and its two-hundred day moving average price is $67.30. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.
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.
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