Midwest Trust Co Invests $361,000 in Invesco S&P 500 Quality ETF $SPHQ

Midwest Trust Co bought a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,072 shares of the company’s stock, valued at approximately $361,000.

Other institutional investors have also bought and sold shares of the company. Berkshire Money Management Inc. bought a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth about $28,000. Independence Bank of Kentucky purchased a new position in shares of Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $33,000. Resources Management Corp CT ADV purchased a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $44,000. Bogart Wealth LLC grew its holdings in shares of Invesco S&P 500 Quality ETF by 60.5% in the first quarter. Bogart Wealth LLC now owns 809 shares of the company’s stock valued at $54,000 after acquiring an additional 305 shares in the last quarter. Finally, Adirondack Trust Co. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $77,000.

Invesco S&P 500 Quality ETF Trading Up 0.2%

Shares of Invesco S&P 500 Quality ETF stock opened at $74.40 on Thursday. The business’s fifty day simple moving average is $73.43 and its 200 day simple moving average is $71.65. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $75.03. The firm has a market capitalization of $15.16 billion, a P/E ratio of 25.36 and a beta of 0.92.

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.