Fiduciary Alliance LLC Acquires 707 Shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Fiduciary Alliance LLC grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 3.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,511 shares of the company’s stock after buying an additional 707 shares during the quarter. Fiduciary Alliance LLC’s holdings in Invesco S&P 500 Quality ETF were worth $1,420,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPHQ. Kestra Advisory Services LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 12.9% during the third quarter. Kestra Advisory Services LLC now owns 4,562 shares of the company’s stock worth $228,000 after buying an additional 520 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of Invesco S&P 500 Quality ETF by 138.4% during the third quarter. Qube Research & Technologies Ltd now owns 81,160 shares of the company’s stock worth $4,061,000 after purchasing an additional 47,110 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter valued at $781,000. Ameriprise Financial Inc. raised its holdings in shares of Invesco S&P 500 Quality ETF by 15.5% in the third quarter. Ameriprise Financial Inc. now owns 1,847,396 shares of the company’s stock valued at $92,469,000 after buying an additional 247,743 shares during the last quarter. Finally, Evergreen Capital Management LLC lifted its position in Invesco S&P 500 Quality ETF by 6.3% during the 3rd quarter. Evergreen Capital Management LLC now owns 206,175 shares of the company’s stock worth $10,317,000 after buying an additional 12,237 shares in the last quarter.

Invesco S&P 500 Quality ETF Stock Performance

SPHQ traded down $0.27 during midday trading on Friday, hitting $63.54. The company had a trading volume of 765,637 shares, compared to its average volume of 973,806. Invesco S&P 500 Quality ETF has a twelve month low of $47.72 and a twelve month high of $65.57. The company has a market capitalization of $9.50 billion, a PE ratio of 22.60 and a beta of 0.98. The firm’s 50-day simple moving average is $61.55 and its 200-day simple moving average is $58.67.

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.