Promus Capital LLC Invests $452,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Promus Capital LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,751 shares of the company’s stock, valued at approximately $452,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SPHQ. Truvestments Capital LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $34,000. Luken Investment Analytics LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $40,000. DHJJ Financial Advisors Ltd. raised its position in shares of Invesco S&P 500 Quality ETF by 42.1% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 1,036 shares of the company’s stock worth $69,000 after purchasing an additional 307 shares during the period. Noble Wealth Management PBC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $70,000. Finally, Blue Trust Inc. raised its position in shares of Invesco S&P 500 Quality ETF by 75.3% during the fourth quarter. Blue Trust Inc. now owns 1,183 shares of the company’s stock worth $80,000 after purchasing an additional 508 shares during the period.

Invesco S&P 500 Quality ETF Stock Up 1.0 %

Shares of Invesco S&P 500 Quality ETF stock opened at $69.40 on Thursday. The firm has a market capitalization of $11.75 billion, a PE ratio of 29.27 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 12-month low of $57.17 and a 12-month high of $71.22. The stock’s fifty day moving average is $69.02 and its 200-day moving average is $67.90.

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.