Invesco S&P 500 Quality ETF $SPHQ Shares Newly Acquired by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the 3rd quarter, HoldingsChannel reports. The firm purchased 6,300 shares of the company’s stock, valued at approximately $530,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HBW Advisory Services LLC increased its stake in Invesco S&P 500 Quality ETF by 1.2% during the third quarter. HBW Advisory Services LLC now owns 10,350 shares of the company’s stock worth $870,000 after acquiring an additional 119 shares during the last quarter. World Investment Advisors raised its position in Invesco S&P 500 Quality ETF by 0.6% during the first quarter. World Investment Advisors now owns 24,754 shares of the company’s stock valued at $1,861,000 after purchasing an additional 142 shares during the period. Wisconsin Wealth Advisors LLC raised its position in Invesco S&P 500 Quality ETF by 0.4% during the third quarter. Wisconsin Wealth Advisors LLC now owns 38,424 shares of the company’s stock valued at $3,231,000 after purchasing an additional 149 shares during the period. GHP Investment Advisors Inc. lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.5% in the 1st quarter. GHP Investment Advisors Inc. now owns 29,891 shares of the company’s stock valued at $2,247,000 after purchasing an additional 153 shares during the last quarter. Finally, DBK Financial Counsel LLC lifted its stake in shares of Invesco S&P 500 Quality ETF by 0.4% in the 1st quarter. DBK Financial Counsel LLC now owns 44,727 shares of the company’s stock valued at $3,363,000 after purchasing an additional 165 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA:SPHQ opened at $84.27 on Tuesday. The firm has a market capitalization of $18.80 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business has a 50 day simple moving average of $85.17 and a 200-day simple moving average of $84.49. Invesco S&P 500 Quality ETF has a 1 year low of $71.57 and a 1 year high of $90.36.

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