Certified Advisory Corp grew its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 20.1% in the second quarter, HoldingsChannel.com reports. The firm owned 119,825 shares of the company’s stock after acquiring an additional 20,013 shares during the period. Certified Advisory Corp’s holdings in Invesco S&P 500 Quality ETF were worth $7,614,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Woodmont Investment Counsel LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter worth $25,000. SYM FINANCIAL Corp bought a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $28,000. ORG Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth about $45,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter worth about $47,000. Finally, Wetzel Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 75.0% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after purchasing an additional 375 shares in the last quarter.
Invesco S&P 500 Quality ETF Price Performance
SPHQ stock opened at $67.20 on Monday. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $67.54. The business has a 50 day simple moving average of $64.88 and a two-hundred day simple moving average of $62.48. The company has a market capitalization of $10.04 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.
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.
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