Gateway Wealth Partners LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 4,239 shares of the company’s stock, valued at approximately $269,000.
Several other hedge funds also recently modified their holdings of SPHQ. Woodmont Investment Counsel LLC acquired a new stake in shares of Invesco S&P 500 Quality ETF during the 1st quarter valued at $25,000. SYM FINANCIAL Corp acquired a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth about $28,000. ORG Partners LLC acquired a new position in Invesco S&P 500 Quality ETF during the 2nd quarter worth about $45,000. Pineridge Advisors LLC acquired a new position in Invesco S&P 500 Quality ETF during the 1st quarter worth about $47,000. Finally, Wetzel Investment Advisors Inc. lifted its holdings in Invesco S&P 500 Quality ETF by 75.0% during the 2nd quarter. Wetzel Investment Advisors Inc. now owns 875 shares of the company’s stock worth $53,000 after buying an additional 375 shares during the period.
Invesco S&P 500 Quality ETF Price Performance
Shares of NYSEARCA:SPHQ opened at $67.27 on Tuesday. The company has a market capitalization of $10.05 billion, a price-to-earnings ratio of 22.60 and a beta of 0.98. The business’s 50-day moving average is $65.18 and its 200-day moving average is $62.80. Invesco S&P 500 Quality ETF has a 1 year low of $47.72 and a 1 year high of $67.54.
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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