Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC increased its holdings in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 4.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 445,157 shares of the company’s stock after buying an additional 20,466 shares during the quarter. Invesco S&P 500 Quality ETF accounts for approximately 21.4% of Schwallier Wealth Management LLC’s holdings, making the stock its largest holding. Schwallier Wealth Management LLC owned 0.30% of Invesco S&P 500 Quality ETF worth $29,946,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. SYM FINANCIAL Corp bought a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $28,000. Abich Financial Wealth Management LLC acquired a new position in Invesco S&P 500 Quality ETF in the 3rd quarter valued at $38,000. Blue Trust Inc. acquired a new position in Invesco S&P 500 Quality ETF in the third quarter valued at about $43,000. ORG Partners LLC bought a new stake in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth approximately $45,000. Finally, Pineridge Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the first quarter worth $47,000.

Invesco S&P 500 Quality ETF Trading Up 0.5 %

SPHQ stock opened at $67.36 on Tuesday. The firm has a 50-day moving average price of $67.10 and a 200-day moving average price of $64.75. The stock has a market capitalization of $10.07 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 $51.50 and a 12 month high of $68.75.

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.