TruWealth Advisors LLC lifted its position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) by 0.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 258,141 shares of the company’s stock after buying an additional 1,797 shares during the quarter. TruWealth Advisors LLC’s holdings in Invesco S&P 500 Quality ETF were worth $17,303,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SPHQ. Silver Lake Advisory LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 2nd quarter worth $35,759,000. Mercer Global Advisors Inc. ADV boosted its holdings in Invesco S&P 500 Quality ETF by 2.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 12,284 shares of the company’s stock worth $786,000 after purchasing an additional 266 shares in the last quarter. Blair William & Co. IL increased its position in Invesco S&P 500 Quality ETF by 10.7% during the second quarter. Blair William & Co. IL now owns 117,944 shares of the company’s stock worth $7,494,000 after buying an additional 11,436 shares during the last quarter. Brighton Jones LLC bought a new position in Invesco S&P 500 Quality ETF during the second quarter valued at about $241,000. Finally, Thrivent Financial for Lutherans raised its holdings in Invesco S&P 500 Quality ETF by 6.1% during the second quarter. Thrivent Financial for Lutherans now owns 278,489 shares of the company’s stock valued at $17,695,000 after buying an additional 15,931 shares in the last quarter.
Invesco S&P 500 Quality ETF Stock Performance
SPHQ opened at $68.11 on Friday. The company has a market cap of $10.18 billion, a PE ratio of 22.60 and a beta of 0.98. The stock has a 50-day moving average of $68.07 and a 200-day moving average of $66.51. Invesco S&P 500 Quality ETF has a 52-week low of $54.14 and a 52-week high of $69.97.
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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