30,111 Shares in Invesco S&P 500 Quality ETF $SPHQ Bought by Steelhead Wealth Management LLC

Steelhead Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 30,111 shares of the company’s stock, valued at approximately $2,264,000. Invesco S&P 500 Quality ETF accounts for approximately 1.1% of Steelhead Wealth Management LLC’s holdings, making the stock its 22nd biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of SPHQ. Pinnacle Wealth Management Advisory Group LLC boosted its stake in Invesco S&P 500 Quality ETF by 4.5% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after purchasing an additional 136 shares during the period. Compound Planning Inc. grew its stake in shares of Invesco S&P 500 Quality ETF by 1.0% in the 4th quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after buying an additional 138 shares in the last quarter. World Investment Advisors increased its stake in Invesco S&P 500 Quality ETF by 0.6% during the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock worth $1,861,000 after acquiring an additional 142 shares during the last quarter. Latitude Advisors LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after purchasing an additional 148 shares during the period. Finally, Brighton Jones LLC increased its position in Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA:SPHQ opened at $84.67 on Monday. The company has a market capitalization of $19.46 billion, a price-to-earnings ratio of 25.36 and a beta of 0.90. Invesco S&P 500 Quality ETF has a 12 month low of $70.40 and a 12 month high of $90.36. The firm’s 50-day moving average is $86.55 and its 200 day moving average is $81.59.

Invesco S&P 500 Quality ETF 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.