Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Acquired by Davidson Capital Management Inc.

Davidson Capital Management Inc. increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 821,362 shares of the company’s stock after purchasing an additional 12,819 shares during the period. Invesco S&P 500 Quality ETF makes up 15.9% of Davidson Capital Management Inc.’s holdings, making the stock its 2nd biggest position. Davidson Capital Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $55,253,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. Woodmont Investment Counsel LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $25,000. SYM FINANCIAL Corp acquired a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth $38,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at about $43,000. Finally, ORG Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF during the second quarter worth about $45,000.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ stock traded up $0.10 during trading on Tuesday, reaching $66.83. 277,026 shares of the company were exchanged, compared to its average volume of 961,992. The company has a market cap of $9.99 billion, a P/E ratio of 22.60 and a beta of 0.98. The stock’s 50 day moving average price is $66.62 and its 200 day moving average price is $63.81. Invesco S&P 500 Quality ETF has a 52-week low of $48.07 and a 52-week high of $68.38.

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.