Invesco S&P 500 Quality ETF $SPHQ Stock Position Increased by Eagle Strategies LLC

Eagle Strategies LLC increased its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) by 2.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 199,249 shares of the company’s stock after buying an additional 4,373 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 2.2% of Eagle Strategies LLC’s holdings, making the stock its 9th largest holding. Eagle Strategies LLC’s holdings in Invesco S&P 500 Quality ETF were worth $14,198,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Sax Wealth Advisors LLC raised its stake in shares of Invesco S&P 500 Quality ETF by 1,264.4% in the second quarter. Sax Wealth Advisors LLC now owns 261,553 shares of the company’s stock valued at $18,638,000 after acquiring an additional 242,383 shares during the period. Seamount Financial Group Inc. raised its position in Invesco S&P 500 Quality ETF by 5.5% in the 2nd quarter. Seamount Financial Group Inc. now owns 14,665 shares of the company’s stock worth $1,045,000 after purchasing an additional 767 shares during the period. Berkshire Money Management Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth about $28,000. Cedar Mountain Advisors LLC lifted its stake in Invesco S&P 500 Quality ETF by 1.9% in the second quarter. Cedar Mountain Advisors LLC now owns 170,539 shares of the company’s stock worth $12,153,000 after purchasing an additional 3,121 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its position in shares of Invesco S&P 500 Quality ETF by 8.7% during the second quarter. DAVENPORT & Co LLC now owns 24,628 shares of the company’s stock valued at $1,755,000 after buying an additional 1,963 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ opened at $73.86 on Thursday. The stock’s 50 day moving average price is $72.54 and its 200-day moving average price is $69.83. Invesco S&P 500 Quality ETF has a one year low of $57.67 and a one year high of $74.45. The stock has a market cap of $15.15 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94.

Invesco S&P 500 Quality ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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