Brookstone Capital Management Raises Holdings in Invesco S&P 500 Quality ETF $SPHQ

Brookstone Capital Management boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 12.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 11,242 shares of the company’s stock after buying an additional 1,247 shares during the quarter. Brookstone Capital Management’s holdings in Invesco S&P 500 Quality ETF were worth $801,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. D.A. Davidson & CO. lifted its holdings in Invesco S&P 500 Quality ETF by 103.7% in the 2nd quarter. D.A. Davidson & CO. now owns 21,399 shares of the company’s stock worth $1,525,000 after buying an additional 10,894 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 27.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 18,606 shares of the company’s stock worth $1,326,000 after buying an additional 3,984 shares during the period. Bogart Wealth LLC lifted its holdings in Invesco S&P 500 Quality ETF by 19.2% in the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock worth $69,000 after buying an additional 155 shares during the period. Demars Financial Group LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 2nd quarter worth approximately $40,771,000. Finally, Chicago Partners Investment Group LLC lifted its holdings in Invesco S&P 500 Quality ETF by 14.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 10,330 shares of the company’s stock worth $749,000 after buying an additional 1,313 shares during the period.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA SPHQ opened at $74.55 on Monday. Invesco S&P 500 Quality ETF has a fifty-two week low of $57.67 and a fifty-two week high of $74.97. The stock has a 50 day simple moving average of $72.99 and a two-hundred day simple moving average of $70.69. The stock has a market cap of $15.20 billion, a P/E ratio of 25.36 and a beta of 0.94.

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.