Investors Research Corp Buys 657 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Investors Research Corp increased its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,858 shares of the company’s stock after purchasing an additional 657 shares during the quarter. Investors Research Corp’s holdings in Invesco S&P 500 Quality ETF were worth $641,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at about $25,000. Wolff Wiese Magana LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 105.8% during the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock worth $28,000 after acquiring an additional 291 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Invesco S&P 500 Quality ETF by 85.0% in the second quarter. Tower Research Capital LLC TRC now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 260 shares in the last quarter. Sound Income Strategies LLC increased its position in shares of Invesco S&P 500 Quality ETF by 149.6% during the fourth quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock worth $31,000 after purchasing an additional 347 shares in the last quarter. Finally, Armstrong Advisory Group Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 771.8% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 619 shares of the company’s stock valued at $31,000 after purchasing an additional 548 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $58.74 on Tuesday. Invesco S&P 500 Quality ETF has a fifty-two week low of $46.71 and a fifty-two week high of $60.77. The company has a market cap of $8.51 billion, a PE ratio of 21.97 and a beta of 0.96. The business has a 50-day simple moving average of $58.99 and a two-hundred day simple moving average of $54.74.

About Invesco S&P 500 Quality ETF

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.