Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Get Free Report) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $84.74 and traded as high as $84.96. Invesco S&P 500 Quality ETF shares last traded at $84.83, with a volume of 988,925 shares trading hands.
Invesco S&P 500 Quality ETF Stock Up 0.8%
The company has a market cap of $18.94 billion, a PE ratio of 25.36 and a beta of 0.91. The company has a 50-day moving average of $84.74 and a 200-day moving average of $82.66.
Institutional Trading of Invesco S&P 500 Quality ETF
A number of institutional investors have recently modified their holdings of the business. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $649,488,000. Envestnet Asset Management Inc. raised its stake in Invesco S&P 500 Quality ETF by 236.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,731,769 shares of the company’s stock worth $606,532,000 after acquiring an additional 4,733,411 shares during the period. Vantagepoint Investment Advisers LLC purchased a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $269,341,000. Demars Financial Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 5.8% during the third quarter. Demars Financial Group LLC now owns 776,231 shares of the company’s stock valued at $65,265,000 after purchasing an additional 42,593 shares in the last quarter. Finally, Compass Ion Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the third quarter valued at approximately $65,102,000.
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.
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