Invesco S&P 500 Quality ETF $SPHQ Shares Acquired by Cedar Mountain Advisors LLC

Cedar Mountain Advisors LLC grew its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 170,539 shares of the company’s stock after acquiring an additional 3,121 shares during the quarter. Invesco S&P 500 Quality ETF comprises approximately 2.5% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Cedar Mountain Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $12,153,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Highline Wealth Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $33,000. Independence Bank of Kentucky purchased a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $33,000. Golden State Wealth Management LLC raised its position in Invesco S&P 500 Quality ETF by 612.2% during the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock worth $35,000 after buying an additional 453 shares during the last quarter. Arlington Trust Co LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the first quarter worth $36,000. Finally, Resources Management Corp CT ADV acquired a new stake in Invesco S&P 500 Quality ETF during the 1st quarter worth about $44,000.

Invesco S&P 500 Quality ETF Stock Down 0.0%

Shares of SPHQ opened at $73.95 on Monday. The company has a market capitalization of $15.18 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94. Invesco S&P 500 Quality ETF has a 52 week low of $57.67 and a 52 week high of $74.45. The stock’s 50-day moving average price is $72.45 and its 200-day moving average price is $69.72.

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.