Invesco S&P 500 Quality ETF $SPHQ is Chicago Wealth Management Inc.’s 5th Largest Position

Chicago Wealth Management Inc. grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.8% during the first quarter, HoldingsChannel reports. The firm owned 156,615 shares of the company’s stock after acquiring an additional 2,715 shares during the period. Invesco S&P 500 Quality ETF comprises about 5.4% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Chicago Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $10,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Fourth Dimension Wealth LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the fourth quarter valued at approximately $26,000. Bernard Wealth Management Corp. acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at about $26,000. Highline Wealth Partners LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter valued at about $33,000. 10Elms LLP purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter worth about $35,000. Finally, REAP Financial Group LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 252.0% in the 4th quarter. REAP Financial Group LLC now owns 528 shares of the company’s stock valued at $35,000 after buying an additional 378 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $72.10 on Friday. The stock has a market capitalization of $14.76 billion, a PE ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $72.98. The business’s 50 day moving average price is $71.43 and its 200 day moving average price is $68.93.

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.