Mayfair Advisory Group LLC Buys 2,506 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Mayfair Advisory Group LLC grew its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,031 shares of the company’s stock after purchasing an additional 2,506 shares during the quarter. Invesco S&P 500 Quality ETF makes up 1.1% of Mayfair Advisory Group LLC’s holdings, making the stock its 20th biggest holding. Mayfair Advisory Group LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,452,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SPHQ. Jackson Wealth Management LLC increased its position in shares of Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock worth $4,848,000 after buying an additional 243 shares during the period. Fidelity D & D Bancorp Inc. bought a new stake in Invesco S&P 500 Quality ETF in the 3rd quarter worth about $2,977,000. Cozad Asset Management Inc. increased its position in shares of Invesco S&P 500 Quality ETF by 0.7% during the fourth quarter. Cozad Asset Management Inc. now owns 206,658 shares of the company’s stock valued at $11,176,000 after acquiring an additional 1,341 shares during the last quarter. Fiduciary Alliance LLC lifted its holdings in Invesco S&P 500 Quality ETF by 3.1% during the first quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock worth $1,420,000 after acquiring an additional 707 shares during the period. Finally, Lincoln National Corp boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.8% in the 4th quarter. Lincoln National Corp now owns 88,257 shares of the company’s stock worth $4,773,000 after buying an additional 1,598 shares during the last quarter.

Invesco S&P 500 Quality ETF Price Performance

Shares of Invesco S&P 500 Quality ETF stock traded down $0.27 on Friday, reaching $63.54. 765,637 shares of the company traded hands, compared to its average volume of 973,806. Invesco S&P 500 Quality ETF has a 52 week low of $47.72 and a 52 week high of $65.57. The company has a 50 day moving average of $61.55 and a 200 day moving average of $58.70. The firm has a market capitalization of $9.50 billion, a PE ratio of 22.60 and a beta of 0.98.

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.