Invesco S&P 500 Quality ETF $SPHQ Stock Position Raised by Beaumont Asset Management L.L.C.

Beaumont Asset Management L.L.C. boosted its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 52.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 112,901 shares of the company’s stock after purchasing an additional 38,702 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 4.3% of Beaumont Asset Management L.L.C.’s portfolio, making the stock its 5th biggest holding. Beaumont Asset Management L.L.C.’s holdings in Invesco S&P 500 Quality ETF were worth $8,045,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SPHQ. Berkshire Money Management Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $28,000. Highline Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $33,000. Independence Bank of Kentucky acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC grew its position in shares of Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 453 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $36,000.

Invesco S&P 500 Quality ETF Trading Up 0.2%

Shares of SPHQ opened at $73.86 on Thursday. The firm has a market cap of $15.15 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. The stock has a 50 day moving average of $72.54 and a 200-day moving average of $69.83. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $74.45.

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.