Union Savings Bank Buys Shares of 482,047 Invesco S&P 500 Quality ETF $SPHQ

Union Savings Bank purchased a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 482,047 shares of the company’s stock, valued at approximately $36,173,000. Invesco S&P 500 Quality ETF comprises about 15.7% of Union Savings Bank’s portfolio, making the stock its biggest holding. Union Savings Bank owned about 0.24% of Invesco S&P 500 Quality ETF as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Pinnacle Wealth Management Advisory Group LLC lifted its position in Invesco S&P 500 Quality ETF by 4.5% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock valued at $238,000 after purchasing an additional 136 shares during the period. Compound Planning Inc. boosted its holdings in Invesco S&P 500 Quality ETF by 1.0% in the fourth quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after purchasing an additional 138 shares during the last quarter. Verum Partners LLC boosted its holdings in Invesco S&P 500 Quality ETF by 0.3% in the fourth quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock worth $3,772,000 after purchasing an additional 141 shares during the last quarter. Latitude Advisors LLC grew its position in Invesco S&P 500 Quality ETF by 3.0% in the 4th quarter. Latitude Advisors LLC now owns 5,053 shares of the company’s stock worth $379,000 after purchasing an additional 148 shares during the period. Finally, Brighton Jones LLC grew its position in Invesco S&P 500 Quality ETF by 4.0% in the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

Shares of SPHQ opened at $89.36 on Friday. The firm has a market cap of $19.02 billion, a PE ratio of 25.36 and a beta of 0.91. The firm has a fifty day simple moving average of $83.32 and a two-hundred day simple moving average of $79.26. Invesco S&P 500 Quality ETF has a 1-year low of $68.89 and a 1-year high of $89.94.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.