Moloney Securities Asset Management LLC Buys Shares of 6,989 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Moloney Securities Asset Management LLC purchased a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 6,989 shares of the company’s stock, valued at approximately $468,000.

A number of other hedge funds also recently modified their holdings of the stock. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $34,000. Abich Financial Wealth Management LLC purchased a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at approximately $38,000. Luken Investment Analytics LLC bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter valued at $40,000. Blue Trust Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $43,000. Finally, VitalStone Financial LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after acquiring an additional 522 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of NYSEARCA SPHQ opened at $70.38 on Tuesday. The stock has a fifty day moving average of $68.51 and a 200-day moving average of $67.13. The stock has a market cap of $10.52 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a fifty-two week low of $56.56 and a fifty-two week high of $70.69.

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.