Aspire Wealth Management Corp lifted its position in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 224.5% during the 3rd quarter, Holdings Channel reports. The firm owned 5,848 shares of the company’s stock after purchasing an additional 4,046 shares during the quarter. Aspire Wealth Management Corp’s holdings in Invesco S&P 500 Quality ETF were worth $393,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently modified their holdings of the company. SYM FINANCIAL Corp bought a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at approximately $38,000. Blue Trust Inc. acquired a new stake in Invesco S&P 500 Quality ETF during the third quarter worth approximately $43,000. ORG Partners LLC acquired a new position in Invesco S&P 500 Quality ETF in the 2nd quarter valued at $45,000. Finally, Pineridge Advisors LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $47,000.
Invesco S&P 500 Quality ETF Price Performance
SPHQ stock traded up $0.20 during midday trading on Friday, reaching $68.50. The company had a trading volume of 117,679 shares, compared to its average volume of 956,371. The company has a market capitalization of $10.24 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 1-year low of $50.06 and a 1-year high of $68.50. The stock has a 50 day moving average price of $66.76 and a 200-day moving average price of $64.20.
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.
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