Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Reaches New 52-Week High at $65.61

Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) reached a new 52-week high during trading on Monday . The company traded as high as $65.61 and last traded at $65.61, with a volume of 490309 shares traded. The stock had previously closed at $65.28.

Invesco S&P 500 Quality ETF Stock Performance

The company’s fifty day simple moving average is $63.97 and its two-hundred day simple moving average is $61.02. The stock has a market capitalization of $9.81 billion, a P/E ratio of 22.60 and a beta of 0.98.

Institutional Trading of Invesco S&P 500 Quality ETF

A number of institutional investors have recently bought and sold shares of SPHQ. Woodmont Investment Counsel LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $25,000. Glassman Wealth Services lifted its position in Invesco S&P 500 Quality ETF by 121.7% during the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock worth $28,000 after purchasing an additional 280 shares during the period. SYM FINANCIAL Corp acquired a new stake in Invesco S&P 500 Quality ETF during the second quarter worth about $28,000. ORG Partners LLC bought a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at about $45,000. Finally, Pineridge Advisors LLC acquired a new position in shares of Invesco S&P 500 Quality ETF in the 1st quarter valued at approximately $47,000.

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.