J.W. Cole Advisors Inc. Boosts Holdings in Invesco S&P 500 Quality ETF $SPHQ

J.W. Cole Advisors Inc. increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,463 shares of the company’s stock after purchasing an additional 1,678 shares during the period. J.W. Cole Advisors Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $3,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Berkshire Money Management Inc. bought a new stake in Invesco S&P 500 Quality ETF in the second quarter valued at approximately $28,000. Independence Bank of Kentucky purchased a new position in Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $33,000. Resources Management Corp CT ADV bought a new position in Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $44,000. Bogart Wealth LLC lifted its holdings in Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares during the period. Finally, Adirondack Trust Co. bought a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $77,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $74.38 on Thursday. The stock has a market capitalization of $15.16 billion, a PE ratio of 25.36 and a beta of 0.92. The stock’s 50 day moving average price is $73.54 and its 200-day moving average price is $72.10. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $75.03.

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.