TruWealth Advisors LLC Boosts Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

TruWealth Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 256,344 shares of the company’s stock after purchasing an additional 4,121 shares during the period. Invesco S&P 500 Quality ETF comprises about 1.1% of TruWealth Advisors LLC’s holdings, making the stock its 29th largest holding. TruWealth Advisors LLC owned about 0.17% of Invesco S&P 500 Quality ETF worth $17,244,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter worth approximately $25,000. SYM FINANCIAL Corp acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. ORG Partners LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth $45,000. Pineridge Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the first quarter worth $47,000. Finally, VitalStone Financial LLC increased its holdings in Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after buying an additional 522 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Invesco S&P 500 Quality ETF stock opened at $67.65 on Friday. The stock has a market cap of $10.11 billion, a PE ratio of 22.60 and a beta of 0.98. The stock’s fifty day moving average is $66.23 and its two-hundred day moving average is $63.41. Invesco S&P 500 Quality ETF has a 1-year low of $47.72 and a 1-year high of $68.38.

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.