Stonehage Fleming Financial Services Holdings Ltd Makes New $115,000 Investment in Invesco S&P 500 Quality ETF $SPHQ

Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, HoldingsChannel reports. The fund acquired 1,620 shares of the company’s stock, valued at approximately $115,000.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after buying an additional 151 shares during the period. Gateway Wealth Partners LLC grew its stake in Invesco S&P 500 Quality ETF by 2.8% during the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock worth $368,000 after buying an additional 152 shares during the period. Trek Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 3.1% during the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock worth $377,000 after buying an additional 169 shares during the period. Sequoia Financial Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock worth $561,000 after buying an additional 204 shares during the period. Finally, Hartford Financial Management Inc. grew its stake in Invesco S&P 500 Quality ETF by 0.3% during the first 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 period.

Invesco S&P 500 Quality ETF Stock Down 1.8%

SPHQ opened at $72.21 on Friday. Invesco S&P 500 Quality ETF has a 52-week low of $57.67 and a 52-week high of $74.45. The company has a 50 day moving average of $72.61 and a two-hundred day moving average of $69.93. The company has a market cap of $14.79 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.