Secure Asset Management LLC Boosts Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Secure Asset Management LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 18.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,115 shares of the company’s stock after acquiring an additional 1,117 shares during the quarter. Secure Asset Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $452,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Woodmont Investment Counsel LLC purchased a new position in shares of Invesco S&P 500 Quality ETF during the first quarter valued at approximately $25,000. Glassman Wealth Services increased its stake in Invesco S&P 500 Quality ETF by 121.7% in the fourth quarter. Glassman Wealth Services now owns 510 shares of the company’s stock worth $28,000 after purchasing an additional 280 shares during the period. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the second quarter worth $45,000. Pineridge Advisors LLC purchased a new stake in shares of Invesco S&P 500 Quality ETF during the first quarter valued at $47,000. Finally, Sound Income Strategies LLC grew its holdings in shares of 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 purchasing an additional 336 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock traded up $0.35 during trading hours on Friday, hitting $65.98. The company had a trading volume of 724,833 shares, compared to its average volume of 982,373. The firm has a market cap of $9.86 billion, a P/E ratio of 22.60 and a beta of 0.98. The company has a 50-day moving average price of $64.20 and a two-hundred day moving average price of $61.28. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $66.30.

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.