Kentucky Trust Co Acquires Shares of 36,405 Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Kentucky Trust Co acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 36,405 shares of the company’s stock, valued at approximately $2,440,000. Invesco S&P 500 Quality ETF makes up about 1.4% of Kentucky Trust Co’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds also recently bought and sold shares of the company. Gateway Wealth Partners LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 2.8% in the fourth quarter. Gateway Wealth Partners LLC now owns 5,399 shares of the company’s stock worth $362,000 after purchasing an additional 149 shares in the last quarter. Brighton Jones LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 4.0% in the fourth quarter. Brighton Jones LLC now owns 3,948 shares of the company’s stock worth $265,000 after purchasing an additional 151 shares in the last quarter. Lunt Capital Management Inc. lifted its position in shares of Invesco S&P 500 Quality ETF by 1.9% in the fourth quarter. Lunt Capital Management Inc. now owns 9,724 shares of the company’s stock worth $652,000 after purchasing an additional 182 shares in the last quarter. DAVENPORT & Co LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 1.9% in the fourth quarter. DAVENPORT & Co LLC now owns 9,932 shares of the company’s stock worth $666,000 after purchasing an additional 188 shares in the last quarter. Finally, Alta Wealth Advisors LLC lifted its position in shares of Invesco S&P 500 Quality ETF by 2.0% in the fourth quarter. Alta Wealth Advisors LLC now owns 9,605 shares of the company’s stock worth $644,000 after purchasing an additional 190 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

NYSEARCA:SPHQ opened at $70.56 on Wednesday. The stock’s 50 day moving average price is $68.54 and its 200 day moving average price is $67.17. Invesco S&P 500 Quality ETF has a 52 week low of $56.56 and a 52 week high of $70.69. The company has a market capitalization of $10.55 billion, a P/E 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.