Invesco S&P 500 Quality ETF $SPHQ Shares Acquired by TSG Advice Partners LLC

TSG Advice Partners LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 439.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,803 shares of the company’s stock after buying an additional 73,169 shares during the quarter. Invesco S&P 500 Quality ETF makes up about 1.0% of TSG Advice Partners LLC’s investment portfolio, making the stock its 20th biggest holding. TSG Advice Partners LLC’s holdings in Invesco S&P 500 Quality ETF were worth $6,752,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 4.5% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,175 shares of the company’s stock worth $238,000 after buying an additional 136 shares during the last quarter. Compound Planning Inc. grew its position in shares of Invesco S&P 500 Quality ETF by 1.0% in the 4th quarter. Compound Planning Inc. now owns 14,556 shares of the company’s stock worth $1,092,000 after acquiring an additional 138 shares in the last quarter. Verum Partners LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 0.3% in the 4th quarter. Verum Partners LLC now owns 50,256 shares of the company’s stock valued at $3,772,000 after acquiring an additional 141 shares during the last quarter. Latitude Advisors LLC increased its holdings in shares of 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 valued at $379,000 after acquiring an additional 148 shares during the last quarter. Finally, Brighton Jones LLC raised its position in shares of Invesco S&P 500 Quality ETF by 4.0% during the 4th quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 1.2%

SPHQ stock opened at $88.98 on Thursday. The stock’s 50 day simple moving average is $84.73 and its 200 day simple moving average is $80.05. Invesco S&P 500 Quality ETF has a 12-month low of $70.26 and a 12-month high of $90.36. The firm has a market cap of $20.05 billion, a P/E ratio of 25.36 and a beta of 0.90.

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