HB Wealth Management LLC Has $1.24 Million Stake in Invesco S&P 500 Quality ETF $SPHQ

HB Wealth Management LLC increased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 59.2% during the first quarter, HoldingsChannel reports. The fund owned 16,537 shares of the company’s stock after buying an additional 6,149 shares during the quarter. HB Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,243,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SPHQ. Brighton Jones LLC boosted its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after purchasing an additional 151 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 51.2% in the first quarter. AQR Capital Management LLC now owns 5,854 shares of the company’s stock valued at $388,000 after buying an additional 1,983 shares during the period. Empowered Funds LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the first quarter valued at approximately $875,000. Jane Street Group LLC raised its holdings in Invesco S&P 500 Quality ETF by 29.2% in the 1st quarter. Jane Street Group LLC now owns 9,937 shares of the company’s stock valued at $659,000 after buying an additional 2,248 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Invesco S&P 500 Quality ETF by 53.5% during the 2nd quarter. Invesco Ltd. now owns 115,321 shares of the company’s stock worth $8,218,000 after buying an additional 40,210 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $86.69 on Wednesday. Invesco S&P 500 Quality ETF has a one year low of $70.26 and a one year high of $90.36. The company has a market cap of $19.58 billion, a PE ratio of 25.36 and a beta of 0.90. The firm’s 50 day simple moving average is $85.33 and its 200 day simple moving average is $80.39.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.