IHT Wealth Management LLC Grows Stock Position in Invesco S&P 500 Quality ETF $SPHQ

IHT Wealth Management LLC lifted its stake in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 26.9% in the fourth quarter, HoldingsChannel reports. The firm owned 206,441 shares of the company’s stock after acquiring an additional 43,706 shares during the quarter. IHT Wealth Management LLC’s holdings in Invesco S&P 500 Quality ETF were worth $15,493,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPHQ. MTM Investment Management LLC purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at $26,000. IFC & Insurance Marketing Inc. purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at $29,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Invesco S&P 500 Quality ETF in the fourth quarter valued at $33,000. Ancora Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF in the third quarter valued at $35,000. Finally, Dunhill Financial LLC boosted its holdings in Invesco S&P 500 Quality ETF by 10,060.0% in the third quarter. Dunhill Financial LLC now owns 508 shares of the company’s stock valued at $37,000 after purchasing an additional 503 shares during the period.

Invesco S&P 500 Quality ETF Trading Down 0.5%

NYSEARCA:SPHQ opened at $88.27 on Thursday. The firm has a market cap of $18.79 billion, a PE ratio of 25.36 and a beta of 0.91. The stock has a fifty day moving average price of $82.84 and a 200 day moving average price of $79.09. Invesco S&P 500 Quality ETF has a 12-month low of $68.89 and a 12-month high of $89.93.

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. SPHQ was launched on Dec 6, 2005 and is managed by Invesco.