Miracle Mile Advisors LLC bought a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,126 shares of the company’s stock, valued at approximately $277,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter worth approximately $38,000. Blue Trust Inc. bought a new position in Invesco S&P 500 Quality ETF in the third quarter valued at approximately $43,000. VitalStone Financial LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 178.8% in the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock valued at $55,000 after buying an additional 522 shares during the period. Finally, Arrow Financial Corp bought a new stake in shares of Invesco S&P 500 Quality ETF during the third quarter worth $106,000.
Invesco S&P 500 Quality ETF Stock Up 0.4 %
Shares of NYSEARCA:SPHQ opened at $67.64 on Friday. The firm has a market cap of $10.11 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $53.81 and a 12 month high of $69.97. The company’s fifty day simple moving average is $68.08 and its 200 day simple moving average is $66.46.
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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