KM Capital Management Ltd. Invests $278,000 in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

KM Capital Management Ltd. purchased a new stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,372 shares of the company’s stock, valued at approximately $278,000.

Other large investors have also added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC increased its holdings in shares of Invesco S&P 500 Quality ETF by 25.7% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,016 shares of the company’s stock valued at $65,000 after purchasing an additional 208 shares during the last quarter. SteelPeak Wealth LLC boosted its holdings in shares of Invesco S&P 500 Quality ETF by 1.2% during the 2nd quarter. SteelPeak Wealth LLC now owns 18,422 shares of the company’s stock worth $1,171,000 after buying an additional 219 shares during the period. Verdence Capital Advisors LLC grew its stake in Invesco S&P 500 Quality ETF by 2.7% in the 1st quarter. Verdence Capital Advisors LLC now owns 8,322 shares of the company’s stock valued at $503,000 after buying an additional 222 shares during the last quarter. MADDEN SECURITIES Corp grew its stake in Invesco S&P 500 Quality ETF by 1.4% in the 2nd quarter. MADDEN SECURITIES Corp now owns 20,192 shares of the company’s stock valued at $1,283,000 after buying an additional 284 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Invesco S&P 500 Quality ETF by 2.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 11,718 shares of the company’s stock valued at $745,000 after acquiring an additional 291 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 0.6 %

Shares of NYSEARCA:SPHQ opened at $65.25 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $47.72 and a 12-month high of $66.66. The business has a 50 day moving average of $64.44 and a 200-day moving average of $61.82. The stock has a market cap of $9.75 billion, a PE ratio of 22.60 and a beta of 0.98.

Invesco S&P 500 Quality ETF 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.