Y Intercept Hong Kong Ltd Makes New $856,000 Investment in Invesco S&P 500 Quality ETF $SPHQ

Y Intercept Hong Kong Ltd purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,681 shares of the company’s stock, valued at approximately $856,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Berkshire Money Management Inc. bought a new position in Invesco S&P 500 Quality ETF during the second quarter worth about $28,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $47,000. Bogart Wealth LLC boosted its stake in Invesco S&P 500 Quality ETF by 19.2% during the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after acquiring an additional 155 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $72,000. Finally, Private Wealth Asset Management LLC acquired a new position in Invesco S&P 500 Quality ETF during the second quarter valued at approximately $92,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $77.39 on Monday. The firm’s fifty day moving average is $76.01 and its two-hundred day moving average is $73.97. The firm has a market cap of $15.79 billion, a PE ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $78.53.

Invesco S&P 500 Quality ETF Company 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.