Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) Shares Bought by Glass Jacobson Investment Advisors llc

Glass Jacobson Investment Advisors llc lifted its stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 344.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,626 shares of the company’s stock after acquiring an additional 5,911 shares during the period. Glass Jacobson Investment Advisors llc’s holdings in Invesco S&P 500 Quality ETF were worth $485,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth about $25,000. SYM FINANCIAL Corp purchased a new position in shares of Invesco S&P 500 Quality ETF during the second quarter valued at approximately $28,000. ORG Partners LLC acquired a new stake in Invesco S&P 500 Quality ETF during the second quarter worth approximately $45,000. Pineridge Advisors LLC purchased a new stake in Invesco S&P 500 Quality ETF in the 1st quarter worth approximately $47,000. Finally, Wetzel Investment Advisors Inc. grew its stake in Invesco S&P 500 Quality ETF by 75.0% in the 2nd quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after acquiring an additional 375 shares during the period.

Invesco S&P 500 Quality ETF Stock Down 0.6 %

SPHQ stock opened at $66.41 on Thursday. The stock has a market capitalization of $9.92 billion, a price-to-earnings 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 $67.32. The stock’s fifty day simple moving average is $64.73 and its 200-day simple moving average is $62.32.

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.