Iams Wealth Management LLC Acquires New Shares in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Iams Wealth Management LLC bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,322 shares of the company’s stock, valued at approximately $369,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jackson Wealth Management LLC grew its position in Invesco S&P 500 Quality ETF by 0.3% during the third quarter. Jackson Wealth Management LLC now owns 96,885 shares of the company’s stock valued at $4,848,000 after buying an additional 243 shares during the period. Fidelity D & D Bancorp Inc. bought a new position in Invesco S&P 500 Quality ETF during the third quarter valued at $2,977,000. Cozad Asset Management Inc. boosted its stake in Invesco S&P 500 Quality ETF by 0.7% during the fourth quarter. Cozad Asset Management Inc. now owns 206,658 shares of the company’s stock worth $11,176,000 after buying an additional 1,341 shares during the period. Fiduciary Alliance LLC boosted its holdings in Invesco S&P 500 Quality ETF by 3.1% during the 1st quarter. Fiduciary Alliance LLC now owns 23,511 shares of the company’s stock valued at $1,420,000 after acquiring an additional 707 shares during the period. Finally, Lincoln National Corp grew its position in Invesco S&P 500 Quality ETF by 1.8% in the 4th quarter. Lincoln National Corp now owns 88,257 shares of the company’s stock valued at $4,773,000 after acquiring an additional 1,598 shares during the last quarter.

Invesco S&P 500 Quality ETF Stock Up 0.1 %

SPHQ stock traded up $0.09 during trading on Tuesday, hitting $63.59. The company had a trading volume of 365,368 shares, compared to its average volume of 965,854. The firm has a market capitalization of $9.50 billion, a P/E ratio of 22.60 and a beta of 0.98. Invesco S&P 500 Quality ETF has a 52-week low of $47.72 and a 52-week high of $65.57. The company has a 50 day simple moving average of $61.66 and a 200-day simple moving average of $58.77.

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.