Platform Technology Partners Acquires Shares of 6,250 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Platform Technology Partners acquired a new position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 6,250 shares of the company’s stock, valued at approximately $419,000.

Several other institutional investors and hedge funds also recently modified their holdings of SPHQ. Strategic Financial Concepts LLC purchased a new position in Invesco S&P 500 Quality ETF in the 4th quarter worth approximately $695,000. Argus Investors Counsel Inc. acquired a new position in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth $433,000. Trilogy Capital Inc. boosted its stake in shares of Invesco S&P 500 Quality ETF by 3.3% in the fourth quarter. Trilogy Capital Inc. now owns 1,032,735 shares of the company’s stock valued at $69,224,000 after purchasing an additional 32,711 shares during the period. Onyx Bridge Wealth Group LLC grew its holdings in Invesco S&P 500 Quality ETF by 47.4% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 44,627 shares of the company’s stock valued at $2,991,000 after purchasing an additional 14,355 shares in the last quarter. Finally, Foguth Wealth Management LLC. purchased a new stake in Invesco S&P 500 Quality ETF during the 4th quarter worth $356,000.

Invesco S&P 500 Quality ETF Price Performance

Shares of SPHQ stock opened at $69.93 on Friday. The company’s fifty day moving average price is $68.49 and its two-hundred day moving average price is $67.03. The firm has a market capitalization of $10.45 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 12 month low of $56.56 and a 12 month high of $70.69.

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.