Burns Matteson Capital Management LLC grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 6.7% during the fourth quarter, Holdings Channel reports. The firm owned 198,520 shares of the company’s stock after acquiring an additional 12,529 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 6.5% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 2nd biggest holding. Burns Matteson Capital Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $13,307,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Truvestments Capital LLC purchased a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Luken Investment Analytics LLC purchased a new position in Invesco S&P 500 Quality ETF in the 4th quarter valued at approximately $40,000. Blue Trust Inc. purchased a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $43,000. Finally, VitalStone Financial LLC grew its stake in shares of 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 worth $55,000 after acquiring an additional 522 shares in the last quarter.
Invesco S&P 500 Quality ETF Trading Down 0.5 %
Shares of NYSEARCA SPHQ opened at $69.93 on Monday. The stock has a market cap of $10.45 billion, a P/E ratio of 22.60 and a beta of 0.98. The business’s fifty day simple moving average is $68.49 and its 200-day simple moving average is $67.07. Invesco S&P 500 Quality ETF has a 12-month low of $56.56 and a 12-month high of $70.69.
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.
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