Hsbc Holdings PLC purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $670,000.
Several other hedge funds and other institutional investors have also bought and sold shares of SPHQ. IHT Wealth Management LLC increased its stake in Invesco S&P 500 Quality ETF by 11.4% during the 4th quarter. IHT Wealth Management LLC now owns 112,837 shares of the company’s stock worth $7,563,000 after purchasing an additional 11,567 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.8% in the fourth quarter. Stifel Financial Corp now owns 547,424 shares of the company’s stock valued at $36,694,000 after buying an additional 9,878 shares during the period. MML Investors Services LLC increased its position in shares of Invesco S&P 500 Quality ETF by 19.1% during the fourth quarter. MML Investors Services LLC now owns 517,598 shares of the company’s stock worth $34,695,000 after acquiring an additional 82,987 shares in the last quarter. Generation Capital Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $2,079,000. Finally, Greenwood Gearhart Inc. bought a new stake in Invesco S&P 500 Quality ETF in the 4th quarter valued at $2,851,000.
Invesco S&P 500 Quality ETF Trading Down 0.3 %
SPHQ stock opened at $66.99 on Tuesday. The stock has a 50-day moving average price of $65.44 and a two-hundred day moving average price of $67.42. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $71.22. The stock has a market cap of $12.34 billion, a PE ratio of 26.20 and a beta of 0.95.
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.
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Want to see what other hedge funds are holding SPHQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report).
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