DBK Financial Counsel LLC Acquires 5,120 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

DBK Financial Counsel LLC raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 13.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 44,073 shares of the company’s stock after buying an additional 5,120 shares during the period. Invesco S&P 500 Quality ETF comprises 3.0% of DBK Financial Counsel LLC’s holdings, making the stock its 12th largest position. DBK Financial Counsel LLC’s holdings in Invesco S&P 500 Quality ETF were worth $2,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth about $34,000. Abich Financial Wealth Management LLC bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $43,000. VitalStone Financial LLC lifted its stake 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 in the last quarter. Finally, Arrow Financial Corp acquired a new position in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $106,000.

Invesco S&P 500 Quality ETF Trading Down 0.3 %

Shares of SPHQ stock traded down $0.23 during trading hours on Monday, hitting $65.91. 189,825 shares of the company were exchanged, compared to its average volume of 998,855. Invesco S&P 500 Quality ETF has a 52 week low of $53.81 and a 52 week high of $69.97. The business has a 50 day moving average of $68.09 and a two-hundred day moving average of $66.41. The company has a market capitalization of $9.85 billion, a PE ratio of 22.60 and a beta of 0.98.

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.