Brighton Jones LLC increased its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 65.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,911 shares of the company’s stock after purchasing an additional 2,735 shares during the quarter. Brighton Jones LLC’s holdings in Invesco S&P 500 Quality ETF were worth $492,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of SPHQ. Golden State Wealth Management LLC lifted its holdings in Invesco S&P 500 Quality ETF by 612.2% in the first 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 during the period. Farther Finance Advisors LLC lifted its holdings in Invesco S&P 500 Quality ETF by 349.8% in the second quarter. Farther Finance Advisors LLC now owns 3,306 shares of the company’s stock valued at $236,000 after buying an additional 2,571 shares during the period. Belpointe Asset Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the first quarter valued at $358,000. True North Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF in the first quarter valued at $416,000. Finally, HB Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the first quarter valued at $622,000.
Invesco S&P 500 Quality ETF Stock Down 0.6%
SPHQ stock opened at $74.15 on Thursday. The firm has a market cap of $15.12 billion, a price-to-earnings ratio of 25.36 and a beta of 0.92. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $75.03. The company’s fifty day simple moving average is $73.13 and its 200 day simple moving average is $70.93.
About Invesco S&P 500 Quality ETF
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.
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