26,075 Shares in Invesco S&P 500 Quality ETF $SPHQ Acquired by Saxon Interests Inc.

Saxon Interests Inc. acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 26,075 shares of the company’s stock, valued at approximately $1,888,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Alta Wealth Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth $655,000. KPP Advisory Services LLC boosted its holdings in Invesco S&P 500 Quality ETF by 2.5% in the third quarter. KPP Advisory Services LLC now owns 83,181 shares of the company’s stock worth $6,096,000 after purchasing an additional 2,047 shares in the last quarter. Flagship Private Wealth LLC boosted its holdings in Invesco S&P 500 Quality ETF by 1.2% in the third quarter. Flagship Private Wealth LLC now owns 102,581 shares of the company’s stock worth $7,518,000 after purchasing an additional 1,236 shares in the last quarter. First Command Advisory Services Inc. increased its position in Invesco S&P 500 Quality ETF by 1.2% during the third quarter. First Command Advisory Services Inc. now owns 1,460,854 shares of the company’s stock worth $107,066,000 after buying an additional 16,648 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in Invesco S&P 500 Quality ETF during the third quarter valued at about $250,000.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ stock opened at $77.30 on Tuesday. The stock’s 50 day simple moving average is $75.57 and its 200 day simple moving average is $73.78. Invesco S&P 500 Quality ETF has a twelve month low of $57.67 and a twelve month high of $78.09. The company has a market capitalization of $15.73 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.