Concourse Financial Group Securities Inc. Has $1.98 Million Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Concourse Financial Group Securities Inc. boosted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,607 shares of the company’s stock after purchasing an additional 2,096 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in Invesco S&P 500 Quality ETF were worth $1,980,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of SPHQ. Wolff Wiese Magana LLC increased its stake in Invesco S&P 500 Quality ETF by 105.8% during the 3rd quarter. Wolff Wiese Magana LLC now owns 566 shares of the company’s stock valued at $28,000 after purchasing an additional 291 shares in the last quarter. Sound Income Strategies LLC lifted its position in Invesco S&P 500 Quality ETF by 149.6% in the 4th quarter. Sound Income Strategies LLC now owns 579 shares of the company’s stock valued at $31,000 after acquiring an additional 347 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its stake in Invesco S&P 500 Quality ETF by 275.6% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 661 shares of the company’s stock valued at $36,000 after purchasing an additional 485 shares during the last quarter. Glass Jacobson Investment Advisors llc bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $50,000. Finally, Halpern Financial Inc. bought a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth approximately $53,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock traded up $0.11 during trading hours on Thursday, reaching $59.88. The company had a trading volume of 1,133,997 shares, compared to its average volume of 1,036,053. The business has a fifty day simple moving average of $59.38 and a 200-day simple moving average of $55.72. Invesco S&P 500 Quality ETF has a 12 month low of $47.00 and a 12 month high of $60.77. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 21.94 and a beta of 0.97.

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.