Secure Asset Management LLC Has $443,000 Stock Position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Secure Asset Management LLC boosted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 5.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,612 shares of the company’s stock after buying an additional 334 shares during the quarter. Secure Asset Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $443,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new stake in Invesco S&P 500 Quality ETF during the third quarter valued at about $34,000. Abich Financial Wealth Management LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 3rd quarter worth about $38,000. Blue Trust Inc. bought a new stake in Invesco S&P 500 Quality ETF during the 3rd quarter valued at approximately $43,000. VitalStone Financial LLC grew its holdings in Invesco S&P 500 Quality ETF by 178.8% in the 3rd 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 last quarter. Finally, Arrow Financial Corp bought a new position in Invesco S&P 500 Quality ETF in the 3rd quarter worth approximately $106,000.

Invesco S&P 500 Quality ETF Stock Down 0.4 %

Shares of SPHQ stock opened at $69.41 on Friday. The stock has a 50 day moving average of $68.17 and a 200-day moving average of $66.66. The firm has a market cap of $10.37 billion, a PE ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $55.67 and a 12 month high of $69.97.

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.