Lee Danner & Bass Inc. bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 600 shares of the company’s stock, valued at approximately $40,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Commerce Bank bought a new position in Invesco S&P 500 Quality ETF during the third quarter worth $228,000. Citigroup Inc. boosted its position in Invesco S&P 500 Quality ETF by 990.1% during the third quarter. Citigroup Inc. now owns 55,628 shares of the company’s stock worth $3,742,000 after purchasing an additional 50,525 shares during the period. Nwam LLC bought a new position in Invesco S&P 500 Quality ETF during the third quarter worth $1,022,000. Certified Advisory Corp boosted its position in Invesco S&P 500 Quality ETF by 14.4% during the third quarter. Certified Advisory Corp now owns 137,105 shares of the company’s stock worth $9,223,000 after purchasing an additional 17,280 shares during the period. Finally, Optivise Advisory Services LLC bought a new position in Invesco S&P 500 Quality ETF during the third quarter worth $1,880,000.
Invesco S&P 500 Quality ETF Price Performance
SPHQ stock opened at $66.43 on Friday. The company has a fifty day moving average price of $68.92 and a two-hundred day moving average price of $67.98. Invesco S&P 500 Quality ETF has a one year low of $57.17 and a one year high of $71.22. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 27.16 and a beta of 0.93.
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.
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