Fortune Financial Group Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 45,809 shares of the company’s stock, valued at approximately $3,438,000. Invesco S&P 500 Quality ETF makes up 3.5% of Fortune Financial Group Inc.’s holdings, making the stock its 6th biggest holding.
Several other institutional investors and hedge funds have also modified their holdings of the company. Artesa Financial Group LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter valued at approximately $7,192,000. O Shaughnessy Asset Management LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 2.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 10,997 shares of the company’s stock valued at $825,000 after acquiring an additional 256 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco S&P 500 Quality ETF by 28.1% during the 4th quarter. JPMorgan Chase & Co. now owns 536,698 shares of the company’s stock valued at $40,279,000 after acquiring an additional 117,604 shares during the last quarter. OneAscent Financial Services LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 7.9% during the 4th quarter. OneAscent Financial Services LLC now owns 3,863 shares of the company’s stock worth $290,000 after acquiring an additional 283 shares during the period. Finally, OneAscent Family Office LLC lifted its holdings in shares of Invesco S&P 500 Quality ETF by 12.6% during the 4th quarter. OneAscent Family Office LLC now owns 7,495 shares of the company’s stock worth $562,000 after acquiring an additional 838 shares during the period.
Invesco S&P 500 Quality ETF Stock Performance
SPHQ opened at $84.20 on Thursday. Invesco S&P 500 Quality ETF has a 1 year low of $68.89 and a 1 year high of $87.08. The company’s 50 day simple moving average is $81.63 and its 200 day simple moving average is $78.59. The stock has a market capitalization of $17.92 billion, a PE ratio of 25.36 and a beta of 0.91.
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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.
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