Commonwealth Financial Services LLC Acquires Shares of 8,811 Invesco S&P 500 Quality ETF $SPHQ

Commonwealth Financial Services LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,811 shares of the company’s stock, valued at approximately $628,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Tsfg LLC grew its holdings in Invesco S&P 500 Quality ETF by 10.7% during the first quarter. Tsfg LLC now owns 232,271 shares of the company’s stock valued at $15,409,000 after purchasing an additional 22,441 shares during the period. Golden State Wealth Management LLC grew its holdings in Invesco S&P 500 Quality ETF by 612.2% during the first quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 453 shares during the period. Farther Finance Advisors LLC grew its holdings in Invesco S&P 500 Quality ETF by 349.8% during the second quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock valued at $236,000 after purchasing an additional 2,571 shares during the period. Belpointe Asset Management LLC bought a new position in Invesco S&P 500 Quality ETF during the first quarter valued at $358,000. Finally, Perigon Wealth Management LLC grew its holdings in Invesco S&P 500 Quality ETF by 114.5% during the first quarter. Perigon Wealth Management LLC now owns 13,031 shares of the company’s stock valued at $864,000 after purchasing an additional 6,955 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 1.8%

Invesco S&P 500 Quality ETF stock opened at $72.21 on Friday. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $74.45. The firm has a market capitalization of $14.79 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The firm has a 50 day simple moving average of $72.61 and a 200 day simple moving average of $69.93.

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.