Meitav Investment House Ltd. Buys 92,750 Shares of Invesco S&P 500 Quality ETF $SPHQ

Meitav Investment House Ltd. boosted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 101.8% during the third quarter, Holdings Channel reports. The firm owned 183,888 shares of the company’s stock after purchasing an additional 92,750 shares during the quarter. Meitav Investment House Ltd.’s holdings in Invesco S&P 500 Quality ETF were worth $13,441,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPHQ. Berkshire Money Management Inc. bought a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at $28,000. Independence Bank of Kentucky bought a new position in Invesco S&P 500 Quality ETF in the second quarter valued at about $33,000. Bogart Wealth LLC grew its stake in shares of Invesco S&P 500 Quality ETF by 19.2% during the 2nd quarter. Bogart Wealth LLC now owns 964 shares of the company’s stock valued at $69,000 after purchasing an additional 155 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter valued at about $72,000. Finally, Adirondack Trust Co. purchased a new position in shares of Invesco S&P 500 Quality ETF in the second quarter worth approximately $77,000.

Invesco S&P 500 Quality ETF Trading Down 0.1%

Shares of SPHQ stock opened at $77.49 on Friday. Invesco S&P 500 Quality ETF has a 12 month low of $57.67 and a 12 month high of $78.09. The stock has a market cap of $15.69 billion, a P/E ratio of 25.36 and a beta of 0.92. The company has a 50 day simple moving average of $75.16 and a two-hundred day simple moving average of $73.55.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.