Invesco S&P 500 Quality ETF $SPHQ Shares Bought by Sfmg LLC

Sfmg LLC increased its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 0.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,630,713 shares of the company’s stock after purchasing an additional 10,641 shares during the quarter. Invesco S&P 500 Quality ETF makes up approximately 8.7% of Sfmg LLC’s investment portfolio, making the stock its 2nd largest position. Sfmg LLC owned about 0.80% of Invesco S&P 500 Quality ETF worth $116,205,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Invesco S&P 500 Quality ETF by 10.6% during the second quarter. JPMorgan Chase & Co. now owns 278,848 shares of the company’s stock worth $19,871,000 after purchasing an additional 26,711 shares in the last quarter. Prudential PLC lifted its stake in Invesco S&P 500 Quality ETF by 70.5% in the second quarter. Prudential PLC now owns 37,500 shares of the company’s stock valued at $2,672,000 after buying an additional 15,500 shares during the last quarter. Wisconsin Wealth Advisors LLC increased its position in Invesco S&P 500 Quality ETF by 171.5% in the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 31,217 shares of the company’s stock valued at $2,225,000 after acquiring an additional 19,721 shares during the period. Lionshead Wealth Management LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 17.2% in the second quarter. Lionshead Wealth Management LLC now owns 60,227 shares of the company’s stock valued at $4,292,000 after acquiring an additional 8,831 shares in the last quarter. Finally, Weaver Consulting Group grew its holdings in Invesco S&P 500 Quality ETF by 137.0% during the second quarter. Weaver Consulting Group now owns 58,426 shares of the company’s stock worth $4,163,000 after acquiring an additional 33,775 shares during the period.

Invesco S&P 500 Quality ETF Trading Up 1.7%

Shares of Invesco S&P 500 Quality ETF stock opened at $72.83 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $75.03. The company has a 50-day moving average of $73.48 and a two-hundred day moving average of $71.92. The stock has a market cap of $14.84 billion, a PE ratio of 25.36 and a beta of 0.92.

Invesco S&P 500 Quality ETF Company 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.