Cresta Advisors Ltd. Buys 9,059 Shares of Invesco S&P 500 Quality ETF $SPHQ

Cresta Advisors Ltd. lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.4% during the second quarter, Holdings Channel.com reports. The fund owned 212,780 shares of the company’s stock after purchasing an additional 9,059 shares during the period. Invesco S&P 500 Quality ETF accounts for about 7.4% of Cresta Advisors Ltd.’s holdings, making the stock its 5th biggest holding. Cresta Advisors Ltd.’s holdings in Invesco S&P 500 Quality ETF were worth $15,163,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 4.0% during the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock valued at $265,000 after acquiring an additional 151 shares during the period. Gateway Wealth Partners LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 2.8% during the first quarter. Gateway Wealth Partners LLC now owns 5,551 shares of the company’s stock valued at $368,000 after acquiring an additional 152 shares during the period. Trek Financial LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 3.1% during the first quarter. Trek Financial LLC now owns 5,677 shares of the company’s stock valued at $377,000 after acquiring an additional 169 shares during the period. Sequoia Financial Advisors LLC increased its stake in shares of Invesco S&P 500 Quality ETF by 2.5% during the first quarter. Sequoia Financial Advisors LLC now owns 8,463 shares of the company’s stock valued at $561,000 after acquiring an additional 204 shares during the period. Finally, Hartford Financial Management Inc. grew its position in Invesco S&P 500 Quality ETF by 0.3% in the first quarter. Hartford Financial Management Inc. now owns 73,385 shares of the company’s stock worth $4,868,000 after buying an additional 216 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

Invesco S&P 500 Quality ETF stock opened at $72.40 on Friday. The firm has a market cap of $14.83 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 1 year low of $57.67 and a 1 year high of $73.79. The firm’s 50 day moving average price is $72.29 and its two-hundred day moving average price is $69.39.

Invesco S&P 500 Quality ETF 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.