Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Position Boosted by ERn Financial LLC

ERn Financial LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 2.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,738 shares of the company’s stock after purchasing an additional 1,119 shares during the quarter. ERn Financial LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SPHQ. Woodmont Investment Counsel LLC acquired a new position in Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $25,000. SYM FINANCIAL Corp acquired a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth $28,000. ORG Partners LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter worth $45,000. Pineridge Advisors LLC acquired a new stake in Invesco S&P 500 Quality ETF during the first quarter valued at $47,000. Finally, Wetzel Investment Advisors Inc. grew its stake in Invesco S&P 500 Quality ETF by 75.0% in the second quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock valued at $53,000 after purchasing an additional 375 shares in the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $67.53 on Wednesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $47.72 and a fifty-two week high of $68.38. The stock’s 50-day moving average is $66.01 and its two-hundred day moving average is $63.35. The firm has a market cap of $10.09 billion, a P/E ratio of 22.60 and a beta of 0.98.

Invesco S&P 500 Quality ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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