Endowment Wealth Management Inc. Raises Stake in Invesco S&P 500 Quality ETF $SPHQ

Endowment Wealth Management Inc. raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 7.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,446 shares of the company’s stock after buying an additional 2,485 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 1.4% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 19th largest position. Endowment Wealth Management Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $2,668,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in SPHQ. Berkshire Money Management Inc. purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $28,000. Highline Wealth Partners LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $33,000. Independence Bank of Kentucky purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $33,000. Golden State Wealth Management LLC grew its holdings in Invesco S&P 500 Quality ETF by 612.2% in the 1st quarter. Golden State Wealth Management LLC now owns 527 shares of the company’s stock valued at $35,000 after buying an additional 453 shares in the last quarter. Finally, Arlington Trust Co LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter valued at $36,000.

Invesco S&P 500 Quality ETF Stock Down 1.8%

Shares of NYSEARCA:SPHQ opened at $72.21 on Monday. The stock has a market cap of $14.79 billion, a P/E 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 business has a fifty day moving average of $72.61 and a two-hundred day moving average of $69.95.

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.