Invesco S&P 500 Quality ETF $SPHQ Shares Acquired by TSG Advice Partners LLC

TSG Advice Partners LLC boosted its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 439.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 89,803 shares of the company’s stock after purchasing an additional 73,169 shares during the period. Invesco S&P 500 Quality ETF comprises 1.0% of TSG Advice Partners LLC’s portfolio, making the stock its 20th largest position. TSG Advice Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,752,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SPHQ. MTM Investment Management LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $26,000. Bell Investment Advisors Inc purchased a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at approximately $28,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter valued at approximately $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth approximately $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter worth approximately $33,000.

Invesco S&P 500 Quality ETF Trading Down 1.2%

Shares of NYSEARCA:SPHQ opened at $88.98 on Thursday. The company has a fifty day simple moving average of $84.73 and a 200 day simple moving average of $80.05. The firm has a market cap of $20.05 billion, a PE ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 12-month low of $70.26 and a 12-month high of $90.36.

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.