Invesco S&P 500 Quality ETF $SPHQ Stock Position Boosted by Tidemark LLC

Tidemark LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 231,112 shares of the company’s stock after purchasing an additional 11,469 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 4.9% of Tidemark LLC’s investment portfolio, making the stock its 4th largest holding. Tidemark LLC owned about 0.11% of Invesco S&P 500 Quality ETF worth $17,345,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. MTM Investment Management LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $26,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $33,000. Ancora Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $35,000. Burkett Financial Services LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter worth $37,000. Finally, Dunhill Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares during the last quarter.

Invesco S&P 500 Quality ETF Trading Up 1.3%

Shares of SPHQ opened at $86.10 on Wednesday. Invesco S&P 500 Quality ETF has a 12 month low of $68.89 and a 12 month high of $86.14. The stock has a fifty day moving average price of $80.17 and a 200-day moving average price of $77.96. The firm has a market cap of $18.33 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.