Berkshire Money Management Inc. Acquires New Stake in Invesco S&P 500 Quality ETF $SPHQ

Berkshire Money Management Inc. bought a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the second quarter, Holdings Channel reports. The firm bought 390 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPHQ. Brighton Jones LLC grew its stake in Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in Invesco S&P 500 Quality ETF by 2.8% in the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after buying an additional 152 shares during the last quarter. Trek Financial LLC raised its stake in Invesco S&P 500 Quality ETF by 3.1% in the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after buying an additional 169 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Invesco S&P 500 Quality ETF by 2.5% during the 1st quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock worth $561,000 after acquiring an additional 204 shares in the last quarter. Finally, Hartford Financial Management Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 0.3% during the 1st quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock worth $4,868,000 after buying an additional 216 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ opened at $73.95 on Monday. Invesco S&P 500 Quality ETF has a 1-year low of $57.67 and a 1-year high of $74.45. The stock has a market cap of $15.18 billion, a PE ratio of 25.36 and a beta of 0.94. The firm has a fifty day moving average price of $72.45 and a 200 day moving average price of $69.72.

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.