3,322 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Acquired by Abound Financial LLC

Abound Financial LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,322 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $38,000. Luken Investment Analytics LLC bought a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at $40,000. Blue Trust Inc. bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $43,000. Finally, DHJJ Financial Advisors Ltd. raised its position in Invesco S&P 500 Quality ETF by 42.1% in the 4th 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 Stock Performance

Shares of SPHQ opened at $70.13 on Friday. The stock has a fifty day moving average price of $68.82 and a two-hundred day moving average price of $67.57. Invesco S&P 500 Quality ETF has a 52-week low of $57.17 and a 52-week high of $71.22. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 29.27 and a beta of 0.94.

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.