Lmcg Investments LLC Buys New Stake in Invesco S&P 500 Quality ETF $SPHQ

Lmcg Investments LLC bought a new position in Invesco S&P 500 Quality ETF (NYSEARCA:SPHQ) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 45,850 shares of the company’s stock, valued at approximately $3,855,000.

Several other large investors have also recently bought and sold shares of SPHQ. Tompkins Financial Corp purchased a new stake in shares of Invesco S&P 500 Quality ETF in the third quarter worth $25,000. Cassaday & Co Wealth Management LLC bought a new stake in Invesco S&P 500 Quality ETF during the first quarter valued at $27,000. Bell Investment Advisors Inc bought a new stake in Invesco S&P 500 Quality ETF during the first quarter valued at $28,000. Merkkuri Wealth Advisors LLC bought a new stake in Invesco S&P 500 Quality ETF during the first quarter valued at $33,000. Finally, Networth Advisors LLC purchased a new position in Invesco S&P 500 Quality ETF during the first quarter worth about $43,000.

Invesco S&P 500 Quality ETF Stock Up 0.3%

Invesco S&P 500 Quality ETF stock opened at $84.59 on Thursday. The stock has a market cap of $18.87 billion, a price-to-earnings ratio of 25.36 and a beta of 0.91. The business has a 50-day simple moving average of $85.09 and a 200 day simple moving average of $84.61. Invesco S&P 500 Quality ETF has a 52 week low of $71.57 and a 52 week high of $90.36.

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