Retireful LLC Buys Shares of 16,766 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Retireful LLC purchased a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 16,766 shares of the company’s stock, valued at approximately $1,065,000.

Several other hedge funds have also recently made changes to their positions in SPHQ. Woodmont Investment Counsel LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at about $25,000. ORG Partners LLC bought a new stake in Invesco S&P 500 Quality ETF during the second quarter valued at approximately $45,000. Pineridge Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF during the first quarter valued at approximately $47,000. Sound Income Strategies LLC raised its position in Invesco S&P 500 Quality ETF by 58.0% in the first quarter. Sound Income Strategies LLC now owns 915 shares of the company’s stock worth $55,000 after acquiring an additional 336 shares during the period. Finally, Mitchell Sinkler & Starr PA purchased a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth $60,000.

Invesco S&P 500 Quality ETF Stock Up 1.0 %

NYSEARCA:SPHQ traded up $0.68 during mid-day trading on Friday, hitting $66.64. 616,172 shares of the company traded hands, compared to its average volume of 973,840. The stock’s fifty day moving average price is $64.30 and its 200-day moving average price is $61.62. Invesco S&P 500 Quality ETF has a one year low of $47.72 and a one year high of $66.66. The firm has a market cap of $9.96 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98.

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.