Sheets Smith Wealth Management Invests $220,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Sheets Smith Wealth Management purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQFree Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,284 shares of the company’s stock, valued at approximately $220,000.

A number of other large investors have also added to or reduced their stakes in SPHQ. Truvestments Capital LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 3rd quarter valued at $34,000. Abich Financial Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $38,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Quality ETF during the third quarter worth about $43,000. VitalStone Financial LLC grew its stake in Invesco S&P 500 Quality ETF by 178.8% during the third quarter. VitalStone Financial LLC now owns 814 shares of the company’s stock worth $55,000 after buying an additional 522 shares in the last quarter. Finally, Arrow Financial Corp bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at about $106,000.

Invesco S&P 500 Quality ETF Trading Up 0.7 %

Shares of NYSEARCA:SPHQ opened at $69.22 on Thursday. The stock has a market capitalization of $10.34 billion, a PE ratio of 22.60 and a beta of 0.98. The firm has a 50 day moving average of $68.09 and a 200-day moving average of $66.60. Invesco S&P 500 Quality ETF has a 12 month low of $55.51 and a 12 month high of $69.97.

Invesco S&P 500 Quality ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

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