Chicago Wealth Management Inc. Acquires 2,715 Shares of Invesco S&P 500 Quality ETF $SPHQ

Chicago Wealth Management Inc. grew its holdings in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) by 1.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 156,615 shares of the company’s stock after buying an additional 2,715 shares during the quarter. Invesco S&P 500 Quality ETF accounts for 5.4% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 5th largest position. Chicago Wealth Management Inc. owned about 0.08% of Invesco S&P 500 Quality ETF worth $10,390,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Fourth Dimension Wealth LLC purchased a new position in Invesco S&P 500 Quality ETF during the fourth quarter valued at $26,000. Bernard Wealth Management Corp. purchased a new stake in shares of Invesco S&P 500 Quality ETF during the fourth quarter worth about $26,000. Highline Wealth Partners LLC acquired a new position in shares of Invesco S&P 500 Quality ETF during the 1st quarter worth about $33,000. 10Elms LLP acquired a new position in shares of Invesco S&P 500 Quality ETF during the 4th quarter worth about $35,000. Finally, REAP Financial Group LLC lifted its stake in Invesco S&P 500 Quality ETF by 252.0% in the 4th quarter. REAP Financial Group LLC now owns 528 shares of the company’s stock valued at $35,000 after buying an additional 378 shares in the last quarter.

Invesco S&P 500 Quality ETF Trading Down 0.4%

SPHQ stock opened at $72.10 on Friday. Invesco S&P 500 Quality ETF has a 12-month low of $57.67 and a 12-month high of $72.98. The business’s 50-day moving average is $71.43 and its 200 day moving average is $68.93. The stock has a market cap of $14.76 billion, a price-to-earnings ratio of 25.36 and a beta of 0.94.

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.