Thoroughbred Financial Services LLC Grows Stock Holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ)

Thoroughbred Financial Services LLC raised its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 125.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,710 shares of the company’s stock after buying an additional 5,394 shares during the period. Thoroughbred Financial Services LLC’s holdings in Invesco S&P 500 Quality ETF were worth $616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Invesco S&P 500 Quality ETF Trading Up 0.1 %

Shares of Invesco S&P 500 Quality ETF stock opened at $66.78 on Tuesday. Invesco S&P 500 Quality ETF has a 12-month low of $47.72 and a 12-month high of $66.86. The firm has a market capitalization of $9.98 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The firm’s 50 day simple moving average is $64.64 and its two-hundred day simple moving average is $62.20.

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.