Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $64.56 and last traded at $64.44, with a volume of 84189 shares trading hands. The stock had previously closed at $64.43.
Invesco S&P 500 Quality ETF Stock Up 0.4 %
The company has a market cap of $9.77 billion, a PE ratio of 22.60 and a beta of 0.98. The stock has a 50-day simple moving average of $60.68 and a 200 day simple moving average of $58.03.
Institutional Investors Weigh In On Invesco S&P 500 Quality ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SPHQ. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at $25,000. Glassman Wealth Services grew its stake in shares of Invesco S&P 500 Quality ETF by 121.7% in the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock valued at $28,000 after buying an additional 280 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 149.6% in the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after buying an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 275.6% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after buying an additional 485 shares in the last quarter. Finally, Pineridge Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at $47,000.
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.
Read More
- Five stocks we like better than Invesco S&P 500 Quality ETF
- Canada Bond Market Holiday: How to Invest and Trade
- Occidental Stock: Buffett’s 9-Day Buying Spree Lifts Stake to 29%
- EV Stocks and How to Profit from Them
- 3M Stock: Invest Now for Unmatched Quality and Growth Potential
- Why Invest in High-Yield Dividend Stocks?
- Super Micro AI Stock: Should You Invest After a 275% Increase?
Receive News & Ratings for Invesco S&P 500 Quality ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P 500 Quality ETF and related companies with MarketBeat.com's FREE daily email newsletter.