4,902 Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,902 shares of the company’s stock, valued at approximately $296,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Family Investment Center Inc. purchased a new position in Invesco S&P 500 Quality ETF during the 1st quarter valued at about $28,481,000. Raymond James & Associates increased its holdings in Invesco S&P 500 Quality ETF by 75.5% during the first quarter. Raymond James & Associates now owns 462,180 shares of the company’s stock valued at $27,925,000 after buying an additional 198,824 shares during the period. Edge Financial Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter valued at approximately $1,131,000. Strategic Advisors LLC raised its stake in Invesco S&P 500 Quality ETF by 19.6% in the first quarter. Strategic Advisors LLC now owns 4,923 shares of the company’s stock worth $297,000 after buying an additional 806 shares in the last quarter. Finally, KWB Wealth lifted its holdings in Invesco S&P 500 Quality ETF by 30.0% during the first quarter. KWB Wealth now owns 211,799 shares of the company’s stock worth $12,797,000 after buying an additional 48,916 shares during the period.

Invesco S&P 500 Quality ETF Price Performance

NYSEARCA SPHQ traded down $1.04 during midday trading on Tuesday, hitting $58.33. 790,976 shares of the company traded hands, compared to its average volume of 1,044,129. Invesco S&P 500 Quality ETF has a 52 week low of $46.73 and a 52 week high of $60.77. The company’s 50-day simple moving average is $59.22 and its 200-day simple moving average is $55.32. The company has a market cap of $8.55 billion, a PE ratio of 21.94 and a beta of 0.97.

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.