MADDEN SECURITIES Corp lowered its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 49.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,284 shares of the company’s stock after selling 9,908 shares during the period. MADDEN SECURITIES Corp’s holdings in Invesco S&P 500 Quality ETF were worth $733,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. Berkshire Money Management Inc. bought a new stake in Invesco S&P 500 Quality ETF in the second quarter worth $28,000. Highline Wealth Partners LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at $33,000. Independence Bank of Kentucky purchased a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth about $33,000. Golden State Wealth Management LLC boosted its stake in Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after purchasing an additional 453 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $36,000.
Invesco S&P 500 Quality ETF Stock Performance
NYSEARCA:SPHQ opened at $74.00 on Tuesday. The firm has a market cap of $15.18 billion, a P/E ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $74.45. The firm has a 50-day simple moving average of $72.48 and a two-hundred day simple moving average of $69.77.
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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