Invesco S&P 500 Quality ETF $SPHQ Shares Newly Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 84,546 shares of the company’s stock, valued at approximately $7,109,000.

Several other large investors have also recently added to or reduced their stakes in SPHQ. Allworth Financial LP increased its position in Invesco S&P 500 Quality ETF by 2.5% during the 3rd quarter. Allworth Financial LP now owns 117,207 shares of the company’s stock worth $10,560,000 after purchasing an additional 2,818 shares during the period. Fisher Asset Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $239,000. Russell Investments Group Ltd. raised its stake in shares of Invesco S&P 500 Quality ETF by 24.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 780 shares of the company’s stock worth $66,000 after buying an additional 151 shares in the last quarter. Joel Isaacson & Co. LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $271,000. Finally, Silver Grove Financial Group Inc. lifted its holdings in shares of Invesco S&P 500 Quality ETF by 686.6% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 527 shares of the company’s stock valued at $44,000 after buying an additional 460 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

SPHQ opened at $84.35 on Friday. Invesco S&P 500 Quality ETF has a 12 month low of $71.57 and a 12 month high of $90.36. The stock has a market capitalization of $18.90 billion, a P/E ratio of 23.64 and a beta of 0.91. The business has a 50 day simple moving average of $84.27 and a 200-day simple moving average of $82.96.

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.